Along with its desert climate and burgeoning tourism industry, the Las Vegas housing market is one of the hottest in the country. According to the U.S. Census Bureau, the Las Vegas metro area ranks 97th in population growth, growing by 19,000 people from the summer of 2020 to 2021.

Despite the COVID-19 pandemic, quarantines, and a slowing economy, Las Vegas Realtors reports that local home prices have hit a new record, News 3 Las Vegas reports.