Vegas Wins Big with Housing and Employment Rates

By Rachel Jefferson

Las Vegas is not only prosperous in Blackjack and poker tables, but also in growing housing demand and increasing employment. Where annual effective rent growth has more than doubled in the last year, Vegas has a healthy occupancy of 94.4 percent. The city is also successful in its job growth rate, as it is above the national average of 2.1 percent. These facts, stated in a recent infographic by Axiometrics, show that Las Vegas’s healthy rate of employment parallels with a healthy rate of rental demand.

Read the full article on Axiometrics.com.

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From:: Property Management

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