Five years ago, Las Vegas’ housing market was red-hot. Homes sold rapidly, as buyers flooded properties with offers and routinely paid over the asking price. One agent said he held an open house that drew so many people that local security did crowd control. Soon enough, however, the market had slammed the brakes, as sales totals plunged and prices tumbled.

Local experts Cameron Belt, the senior economist and research director for RCG Economics, and Shawn McCoy, Ph.D., director of the Lied Center for Real Estate at UNLV, will analyze and discuss potential solutions to this critical issue facing our community.

It’s a challenging time for the Las Vegas homebuilding community and a gathering Thursday gave the industry a chance to share their thoughts on possible fixes and solutions.

Leaders presented new data on supply, demand, and what’s driving prices across Southern Nevada, discussing workforce housing, infrastructure needs, and how continued growth could impact everything from water to tourism.

Experts predict nearly 400,000 people will move to the Las Vegas Valley over the next 10 years. Gov. Joe Lombardo joined developers, realtors, policymakers and researchers today to look for ways to build homes for all of them, while confronting the reality that the Valley lacks affordable housing for all the people who live here right now.

The 2026 Las Vegas Housing Outlook is held at the Las Vegas Realtors facility on South Rainbow Boulevard Thursday, April 23, 2026. The annual event was sponsored by Summerlin and presented by Home Builders Research.

President Donald Trump set the real estate world scrambling early January when he declared war on large institutional investors in a policy statement, asking Congress to act on the issue.

Real estate experts are keeping an eye on the local market after President Donald Trump said he would ban corporate investors who buy up single-family homes. According to the director of the Lied Center for Real Estate at the University of Nevada, Las Vegas, Shawn McCoy, out-of-state investors buying up homes in Las Vegas happens more than in other states.