Research & Reports

As part of its mission to be a dynamic resource for the Nevada real estate community, the Lied Center for Real Estate periodically provides original analysis about the market. These free reports are designed to help individuals, businesses, and governments make informed decisions. To receive these publications by email, please sign up.

The Lied Research Report

Volume 3

The Lied Research Report - Volume 3 Issue 1

Volume 3, Issue 1

Volume 2

Volume 2, Issue 6

cover_Lied-Research-Report-Volume2-Issue-5

Volume 2, Issue 5

Lied Research Report Vol 2 Iss 4

Volume 2, Issue 4

Volume 2, Issue 3

Volume 2, Issue 2

Front cover of The Lied Research Report, Volume 2 Issue 1

Volume 2, Issue 1

Volume 1

Cover page Vol 1 issue 4

Volume 1, Issue 4

Volume 1, Issue 3

Volume 1, Issue 2

Volume 1, Issue 1

Downloadable Maps

S.NV Apartment Maps – Q2-2025

Building Age in Clark County

Media Mentions with Dr. McCoy

Shawn McCoy In The News

Las Vegas Review Journal
Who are the investors buying up Las Vegas homes?
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.
K.L.A.S. T.V. 8 News Now
Real estate expert weighs in on Trump’s housing pledge
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.
Las Vegas Review Journal
Nevada lawmakers, real estate experts respond to Trump’s proposed ban on investors buying homes
President Donald Trump sent shockwaves through the country’s residential real estate industry Wednesday with a social media post calling for a ban on large institutional investors purchasing homes and for Congress to codify the issue.
The Nevada Independent
Advocates called Nevada corporate homebuying cap a ‘glimmer of hope.’ Here’s how it died.
Film tax credits and other priorities of Gov. Joe Lombardo were supposed to be the highlights of the Nevada Legislature’s special session in November. But legislators stole the spotlight (at least temporarily) when, for the first time in Nevada history, they added a bill to Lombardo’s session agenda seeking to limit corporate homebuying in the Silver State.
Las Vegas Review Journal
Where are Las Vegas Valley home prices rising and dropping?
Three quarters of the ZIP codes in Southern Nevada have seen home price declines year-over-year, according to a new study. Most of the ZIP codes (74 percent) that saw the largest per square foot median price decline in the valley included parts of the Las Vegas Strip where there aren’t a lot of single-family houses but an ample number of high-rise condominiums and apartments, according to a new study by the UNLV Lied Center for Real Estate.
K.V.V.U. T.V. Fox 5
UNLV study: 6.1% of Southern Nevadans can buy a home on their own
More than six percent of Las Vegas Valley residents can buy a home on their own, according to data from UNLV researchers. The findings from the Lied Center for Real Estate at UNLV analyze the impact of the Valley’s land shortage on the housing market, prices for homes and rent, and the impact on the growth of businesses and good-paying jobs for residents to improve their quality of life.
Las Vegas Review Journal
Las Vegas shouldn’t worry about sprawl, county commissioner says
The Las Vegas Valley should not worry about sprawl when it looks to solve its housing crisis, Clark County Commissioner Jim Gibson said.
Las Vegas Review Journal
In 13 years, the number of old buildings in Clark County will jump 109%. Here’s why it matters.
The number of old buildings in Clark County is going to dramatically increase over the next decade, according to a new study.

Pagination

Media Mentions with Dr. Irwin

Nicholas Irwin In The News

The Baltimore Banner
Moore: Sphere will be ‘transformational’ for local economy
The latest annual economic benefit projection is larger than the $1 billion figure that Gov. Wes Moore and other officials shared shortly after Sphere announced its plans to expand. But economists say economic impact estimates are often inflated.
Las Vegas Review Journal
How many homes have investors bought in Washoe County?
The study, conducted by UNLV’s Lied Center for Real Estate, used artificial intelligence to help collect the data in the county, which is home to Reno and Sparks, and broke down investors into five separate groups.
K.N.P.R. News
High interest rates, lack of inventory continue to dictate prices for Vegas homes
If you’re looking to buy or sell a home right now, you know that the housing market is in a weird place. In Las Vegas, the median price for an existing home in December was $470,000. That’s down from the record high of almost $489,000 a month earlier. However, it's considerably more than what a house cost before the pandemic – about $150,000 more.  
Las Vegas Sun
In Las Vegas, housing costs are easing but not because of deportations
Vice President JD Vance claims mass deportations are slashing housing costs in cities like Las Vegas with large undocumented populations, easing affordability for American families, but economists and real estate experts say high interest rates and a sluggish market are the real drivers.
The Baltimore Banner
What to know about the smaller Sphere planned for Maryland
The Sphere — that luminous, ginormous orb of entertainment ostensibly suited only for Las Vegas — might soon send a smaller sibling rolling into Maryland.
Las Vegas Review Journal
Who are the investors buying up Las Vegas homes?
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.
Nevada Current
Investors own a quarter of Nevada’s houses, but are ‘misunderstood’ says report
A new report says investors own 24.84% of Nevada’s single-family homes, equating to about 303,000 properties. That’s 6% higher than the national average and the seventh highest share in the nation behind Wyoming (30.9%), Maine (29.76%), Montana (26.78%), Alaska (26.65%), Hawaii (25.96%), and New Hampshire (25.04%).
K.T.N.V. T.V. ABC 13
How is the Las Vegas housing market affecting buyers and sellers?
Local real estate experts say the Southern Nevada housing market numbers from 2025 are no cause for concern because the higher-end market has remained strong with sales. However, buyers targeting the median home price point in Southern Nevada are being cautious for several reasons, according to industry professionals.

Pagination

Dr. McCoy Mentions in University Articles & Academic Papers

Articles Featuring Shawn McCoy

Some early studying during the opening week of the Spring 2026 semester (Josh Hawkins/UNLV).
| February 3, 2026

UNLV Newsmakers 2026: January

A look at some of the most eye-grabbing headlines featuring UNLV faculty, staff, and students.

First day of classes.
| September 9, 2025

UNLV Newsmakers 2025: August

The top news stories starring university students and staff.

A UNLV student studies with the Strip in the distance.
| February 4, 2025

UNLV Newsmakers 2025: January

Headlines and highlights featuring the students and faculty of UNLV.

construction site with sunset in background
| September 16, 2024

Housing Policy Forum Offers Data, Analysis, and Policy Solutions for Nevada

Brookings Mountain West and the Lied Center for Real Estate at UNLV host national housing policy experts to present research and discuss housing finance system reforms on Sept. 23.

Students at Pida Plaza on the first day of classes (Josh Hawkins, UNLV).
| September 1, 2023

UNLV Newsmakers 2023: August

A roundup of prominent news stories highlighting university pride, research, and community collaboration.

Graduation surprise
| August 1, 2023

UNLV Newsmakers 2023: Summer

News stories from the summer featuring UNLV students and faculty.

Wildfire scorch marks.
| May 5, 2023

Real-Estate Risks: Building Homes in the Path of Western Wildfires

UNLV research shows that FEMA-declared wildfire disasters in the fastest-growing home development areas have minimal impact on new home construction.

people doing research
| December 27, 2021

UNLV Newsmakers 2021: Research

UNLV researchers made international headlines this year with their discoveries. Here's a roundup of some of our top stories of 2021.

Pagination

Dr. Irwin Mentions in University Articles & Academic Papers

Articles Featuring Nicholas Irwin

Some early studying during the opening week of the Spring 2026 semester (Josh Hawkins/UNLV).
| February 3, 2026

UNLV Newsmakers 2026: January

A look at some of the most eye-grabbing headlines featuring UNLV faculty, staff, and students.

Students on campus.
| October 6, 2025

UNLV Newsmakers 2025: September

A selection of top news headlines featuring UNLV faculty and students.

First day of classes.
| September 9, 2025

UNLV Newsmakers 2025: August

The top news stories starring university students and staff.

Campus beauty.
| August 6, 2025

UNLV Newsmakers 2025: July

A collection of the most prominent news stories from last month featuring UNLV staff and students.

UNLV seasonal eggs
| May 1, 2025

UNLV Newsmakers 2025: April

A collection of colorful headlines featuring UNLV staff and students.

Nicholas Irwin in front of the Rebels Make It Happen banner
| March 31, 2025

The Interview: Nicholas Irwin

Economics professor examines Las Vegas real estate and how environmental economics and market insights shape sustainable, resilient communities.

spring flowers
| March 6, 2025

UNLV Newsmakers 2025: February

The rosiest headlines and highlights featuring the students and faculty of UNLV.

A UNLV student studies with the Strip in the distance.
| February 4, 2025

UNLV Newsmakers 2025: January

Headlines and highlights featuring the students and faculty of UNLV.

Pagination

Monthly Housing Report

Get the latest information on single-family housing markets in Southern and Northern Nevada.

Quarterly Apartment Reports

A look at rental housing in Southern Nevada.

2023 Report Link

Quarterly Broker Sentiment Reports

A look at the Southern Nevada real estate market from the broker’s perspective.

2023 Report Link