How many permits are pulled every year? Are we building enough houses for the need? What communities are going up in my neighborhood? Where will the next master plan be located?
The residential construction industry cycles based on the 7 L’s: availability of land, labor shortages, prices of lumber,
lending and interest rates, local and state laws, litigation, licensing requirements and laterals (or infrastructure).
See the below annual Southern Nevada data over the last 30 years:
For more detailed information, please see the below SNHBA members’ economic reports:
For more information about communities open, please see the New Homes Guide