Las Vegas Real Estate News

Clark County Is Still Growing

Clark County gained 48,000 residents from 2017 to 2018. That makes it the second fastest-growing county in the country.

Clark County's growth was massive, but it was eclipsed by Maricopa County, Arizona, home to Phoenix, which gained 80,000 residents in the same period.

In the period from 2010 to 2018, Clark County is the nation's fourth fastest-growing county, adding 279,000 new souls. Much of Nevada's populous areas gained new residents as growth in the warmer parts of the country has increased over the past 8 years.

The US Census Bureau identified Nevada as the fastest-growing state in the nation from 2017 to 2018. The overall population growth was 2.09 percent or 62,000 people.

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2018 was a red-letter year for Nevada which passed the 3-million residents mark for the first time in history.

Nonetheless, among this growth, housing prices have not grown nearly as quickly. In fact, home prices in the Las Vegas area saw a couple of months of price shrinkage late in 2018. More recently, there has been a massive increase in the number of available homes for buyers coming to the Silver State.

All of this influx of population has also created a growth in the state's economy and strengthening of the business environment.

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