We're excited to share the 2025 edition of The Las Vegas Real Estate Report! This comprehensive publication dives into past trends, current market conditions, and future projections for both the real estate sector and the broader Las Vegas economy.
Here’s a key insight: While new home sales surged, the existing home market ended 2024 with more supply than it started — signaling a wave of pent-up demand as many homeowners delayed moves due to high mortgage rates. If rates dip below 6% in 2025, we could see a sharp rise in both listings and buyers.
Understanding these shifts is crucial for making smart real estate decisions in 2025.