Las Vegas real estate prices are expected to remain strong for the next few years due to high demand, limited supply of new developments, scarcity of materials, and an influx of out-of-state buyers.
"And now, in terms of where I think the future lies for Las Vegas real estate values, even though there's no shortage of land to build for the foreseeable future, developers just can't keep up with demand, and a scarcity of materials combined with an influx of out ofstate buyers should keep prices fairly buoyant for the next few years."