In The News: Lee Business School

New numbers from the UNLV Lied Center for Real Estate show apartment prices in Clark County are down 2.8% from last year and more than 6% from their 2022 peak. Data from Apartment List shows the average rent in Clark County now sits around $1,423, down about 3.5% from last year. Despite the cooling market, landlords are offering record-breaking incentives to fill empty units rather than slashing prices across the board. The Lied Center for Real Estate reports incentive rates in Clark County are now the highest on record since 2000.

Nevada is one of the fastest-growing states when it comes to entrepreneurship and small businesses since the pandemic. The topic was the focus of a recent UNLV Brews & Economic Views event at Bad Beat Brewing in downtown Las Vegas.

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.

As airfares rise to counteract increasing jet fuel prices, some airlines are also opting to suspend routes to and from Las Vegas. Economists say the decisions airlines make can impact Las Vegas’ tourism economy, with people changing the way they travel.
With so many academic programs for cybersecurity still playing catch-up, the bipartisan, bicameral Cyber Ready Workforce Act would create a grant program to support registered cybersecurity apprenticeships.

Lombardo noted Nevada’s standing as the top state for post-pandemic small business growth in a report from UNLV’s Center for Business and Economic Research, as well as its ranking among the top states for business strength in a national study called the Area Development Report.

After the state of Nevada suffered a massive cyber attack that caused major issues across a number of government agencies, UNLV has now set its sights on training students to monitor future potential threats. Last month, the university established the NIC. The goal is training the next generation of IT professionals. It also acts as a hub to serve state industries and government offices, helping them secure their data.

At UNLV, which in March formally launched its Institute of Cybersecurity, the two-year Youth Rebel Start Academy within the College of Education, allows high schoolers to earn college credit and gain real-world experience through paid apprenticeships in multiple fields, including IT and cybersecurity. The UNLV Cyber Clinic also offers cybersecurity services at no cost to businesses that may need them, giving participants the chance to develop their skills in a hands-on environment.

According to UNLV’s Center for Business and Economic Research, 17% of the Las Vegas workforce relies on tips. Many looked forward to the change during Trump’s campaign stop in the valley in August 2024.