Up Close and Local: Las Vegas Market Update
Is the Las Vegas market in for a winning streak?
Ongoing apartment construction in Las Vegas registers at less than one-fourth of the metro’s all-time highs. That’s a distinctly different building pattern than the one seen in most US markets. Join RealPage experts Greg Willett and Adam Couch as they examine how the limited volume of new supply has helped create healthy occupancy and top-of-the-charts rent growth in Las Vegas.
- Occupancy and rent growth levels
- Near-term demand – examining indicators such as job growth, income growth and homeownership rate
- Construction patterns in total and by neighborhood
- Property sales and pricing
Adam CouchMarket Analyst, RealPage, Inc.
Adam Couch is a market analyst with RealPage’s Data Analytics division. Prior to joining Realpage, Adam worked in the foreign exchange and futures industry where he focused specifically in capital markets. He graduated from the University of North Texas with a degree in Finance and was a part of the Student Investment Group. Adam has traveled extensively throughout China where he studied international policy and its impact on macroeconomics.
Greg WillettChief Economist, RealPage, Inc.
Greg facilitates the alignment of the firm’s technology and analytics solutions with rental housing sector needs and opportunities. He is well versed on rental housing market fundamentals and activity nationally, by metro and in individual neighborhoods. Greg is active in industry organizations such as the National Multifamily Housing Council, the Urban Land Institute and the National Apartment Association. He provides commentary for national and local business media.