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THE LATEST
 
Developers buying small plot on Strip for $80M

MGM Resorts International announced that developer Brett Torino and New York-based Flag Luxury reached a deal to buy 2 acres in CityCenter and plan to build a retail project.

 
Las Vegas market sees slow-rising housing prices in 2019

Southern Nevada’s housing market ended 2019 with some of the slowest-rising prices in the U.S., a new report shows. Last month’s home sales, however, ticked up 25 percent compared with January 2019.

 
Las Vegas homebuilders set to close most sales since 2008

Barring some “major surprise,” builders this year will close more than 10,000 sales for the first time since 2008, Home Builders Research President Andrew Smith and founder Dennis Smith wrote in Monday’s report.

 
Resorts World Las Vegas is showing visible progress

The question used to be all too common in real estate circles: What’s going on with Resorts World? Today it’s a different story. The site is alive with multiple cranes in the air and a hotel that keeps growing taller.