In The News: Lee Business School

Las Vegas Review Journal

Las Vegas rents climbed at one of the fastest rates in the country in recent years, a new report shows, as many locals have struggled to keep up with housing costs in Southern Nevada. All told, UNLV’s Lied Center for Real Estate reported in September that Las Vegas’ housing market was “largely unaffordable for much of the local population.”

Las Vegas Review Journal

Despite Las Vegas’ ongoing tourism slump, Southern Nevada gained thousands of jobs in September as consumer spending also picked up speed, state data shows.

Las Vegas Weekly

What if a gingerbread house could prevent a real home from going into foreclosure? That’s the idea behind a fundraiser by Freed’s Bakery and homebuilder Taylor Morrison. The Build Joy program donates $1,000 for every $55 gingerbread house kit Freed’s sells to HomeFree USA, a Maryland-based, HUD-approved national nonprofit that assists homeowners to prevent foreclosures.

Procurement Magazine

As enterprise teams enter a new era of digital transformation powered by agentic AI, a major challenge remains: transitioning going from pilot to production.

Travel and Tour World

UNLV’s 2025 Economic Outlook, presented in Las Vegas on November 13, indicates that Nevada’s tourism sector will experience slower growth over the next few years, following a period of rapid post-pandemic recovery. Visitor volume to Nevada is expected to stabilize at around 50 to 51 million annually, with a slight decline forecasted for 2026 and 2027. Despite global economic uncertainty, inflation, and shifting domestic travel patterns, the state’s tourism sector is forecast to remain resilient due to Nevada’s strong global brand and the continued influx of major events.

KLAS-TV: 8 News Now

One job sector is outpacing inflation in Clark County – and it might not be the industry you expect. Hospitality is often seen as the heart of the Las Vegas job market. But as tourism declines, one industry is quietly becoming the valley’s fastest-growing – and highest paying despite national trends.

Travel Weekly

A new economic study projects visitation to Las Vegas will bounce back in 2026. But the city's top tourism officials are taking nothing for granted as they grapple with the effects of 2025's lull and adjust prices to try to lure back tourists in the new year.

Housing Wire

A report by UNLV’s Lied Center for Real Estate found that corporate investors bought 23% of the listed homes last year in the Las Vegas area. It ranks fourth among the largest U.S. metropolitan areas that report tracked, behind Miami and California cities Anaheim and San Diego.

KSNV-TV: News 3

As the holiday season approaches, shoppers are experiencing sticker shock with rising prices on popular toys.

Nevada Current

For the first time in Nevada, a bipartisan supermajority of state lawmakers petitioned to add their own topic to an ongoing special session called by the governor. The issue seen as important enough to cross the aisle over: corporate homeownership. The Lied Center for Real Estate at the University of Nevada Las Vegas estimated investors owned roughly 15% of homes in the City of Las Vegas. That percentage was expected to grow both in Nevada and across the nation.

Politico

Democrats looking to win back Nevada’s gubernatorial mansion want to tie incumbent GOP Gov. Joe Lombardo to Donald Trump’s agenda — but the first-term governor is not making it easy.

Las Vegas Business Press

A new report from economists at UNLV released at its annual conference suggests while no recession is expected in the near term, the economic climate in Southern Nevada shows signs of trouble but has the ability to stabilize in the coming months.