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Story perspectives

Southern Nevada Home Sales Plummet Amid Job Losses

9/26/2025

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Story summary
  • Southern Nevada home sales fell, tied to 4,400 statewide construction job losses in August 2025, a 6.9% year-to-date decline.
  • Nevada construction contributed $20 billion to the state’s GDP in 2024.
  • Some industry leaders dispute the severity of job losses, citing ongoing commercial projects.
  • Home inventory rose to 9,474 listings in August 2025, and the median price remains around $480,000.