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Report: Las Vegas Home Prices Up 217 Percent Since 2011 – Nevada Globe

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Report: Las Vegas Home Prices Up 217 Percent Since 2011 – Nevada Globe


Using data from Zillow and the U.S. Census, a study by TruckInfo.net found that from 2011 to the end of 2022, Nevada has seen the most dramatic ratio of home price to wage growth, increasing six times faster than wage increases. In comparison, Florida, Arizona, and Idaho have all seen homes increase 4 times faster than wages.

“From 2011 to 2022, Nevada saw home prices grow six times faster than wages, ranking it first among all states,” the report stated. “Elementary teachers in Nevada have been particularly impacted, with home inflation outpacing their wages by (a rate of) 17.9. Truck drivers in Nevada saw home prices increase 16.9 times faster than their wages.”

Home price growth vs Wages growth (Screenshot)

“To compare home affordability over time and across geographies, a commonly used metric is the home-price-to-income ratio,” the study stated. “From 1985 to 1999 this ratio was just 2.6. As of 2022, the national home-price-to-income ratio was a staggering 6.7, meaning homes are 2.5 times less affordable today than from 1985-1999.”

The Review Journal reports that “the average price for a home in the Las Vegas Valley currently sits at $400,354, which means since 2011 there has been an overall $253,000 increase in the price of a home over the past 12 years…This means Las Vegas Valley home prices grew 217 percent since 2011, compared to a 39 percent wage growth uptick.”

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Supply and demand, combined with double-digit inflation and Federal Reserve-manipulated interest rates, are factors contributing to housing affordability.

Housing prices up 217% in Las Vegas since 2011 (Screenshot)

As reported by The Globe, the average Nevadan household must spend an additional $13,296 annually just to maintain the same standard of living they enjoyed in January of 2021, right before inflation soared to 40-year highs, according to a recent analysis of government data.

According to a report by CBS News:

Average hourly pay for workers has increased robust 13.6% since January 2021, although that lags the 17% increase in inflation during the same period, according to government data. The main categories requiring heavier spending for consumers simply to tread water: food, transportation, housing and energy, which together account for almost 80 cents of every $1 in additional spending, according to the Republican analysis.

“Middle- and low-income Americans aren’t doing well enough — they are living fragilely on the edge,” said Gene Ludwig, chairman of the Ludwig Institute for Shared Economic Prosperity (LISEP), a think thank whose own analysis found that the income needed to cover the basics fell short by almost $14,000, on average, in 2022.

The study concludes that since 2011, the median home in America has increased by more than $181k while the median wage has only increased by $15.8k.

According to the Cato Institute, 87% of Americans are concerned about housing costs, and 69% worry about their descendants’ ability to purchase a home.

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Golden Knights recover for 2OT victory against Hurricanes in Game 3 of Cup Final | NHL.com

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Golden Knights recover for 2OT victory against Hurricanes in Game 3 of Cup Final | NHL.com


Marner scored 16 seconds later, when his backhanded shot from near the wall in the right face-off circle was inadvertently knocked into the net by Carolina defenseman Sean Walker, giving Vegas a 2-0 lead.

Marner made it 3-0 at 14:32, 11 seconds after he hit the right post on a breakaway. Brayden McNabb kept the puck in the zone and found Marner low behind all five Carolina skaters, where he scored off a forehand-to-backhand deke for his second goal in 3:50 and Vegas’ third in 4:06. 

“‘Nabber’ just coming in on that pinch, just the patience and play he made to me to allow me to get around the net was phenomenal,” Marner said.

Marner’s third goal came off another breakaway. He got loose past Alexander Nikishin, took a pass from Hertl, skated into the right circle and made it 4-0 with a far-side slap shot that went in off Andersen’s blocker at 16:52.

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Bussi stopped his penalty shot early in the third to keep it a 4-0 game.

“I’m thinking we need to score that and I’m not lying to you because they came back and scored four,” Tortorella said. “I’m thinking we need another one just to keep on going.”

Martinook made it 4-1 at 7:03, cashing in on a strong forecheck by Seth Jarvis before getting hit from behind by Cole Smith.

“I just think we needed something good to happen,” Martinook said. 

Hall cut the deficit to 4-2 at 7:29. Sebastian Aho stole the puck from McNabb in the offensive zone and from below the right circle sent a backhanded pass across to Hall, who scored from the far post.

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Staal made it 4-3 at 7:42, scoring from the lower part of the left circle on a deflection of Jaccob Slavin’s shot off the left-wing half-wall.

Carolina also scored three goals on consecutive shots in the third period of Game 2 on Thursday.

Svechnikov tied it 4-4 at 18:18, scoring a power-play goal with Bussi pulled for the extra skater to make it a 6-on-4 situation. After the puck went to the net and got loose, Carolina forward Nikolaj Ehlers was pushed in as Svechnikov found it in the slot and shoved it into the net.

“I’ve experienced a lot of games in playoffs. I haven’t experienced one like this,” Tortorella said. “We could do nothing wrong in the second period and probably did everything wrong in the third period.”

But the game didn’t end there. It continued for 25 minutes and 38 seconds of overtime, until Theodore did the right thing, got the bounce and the reward.

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“Not how we drew it up,” Vegas forward William Karlsson said, “but we’ll take it.”

NOTES: Carolina forward William Carrier left the game in the second period with an upper-body injury and did not return. Brind’Amour did not have an update on his status. … The Hurricanes lost in overtime for the first time in the playoffs this season (6-1). … McNabb played with a full cage because of facial injuries he sustained in the first period of Game 2, when he was struck in the face by an Ehlers slap shot. The defenseman played 35:47, finished with two assists, including the setup for Theodore’s winner, and was plus-3.



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Nevada troopers end 116 mph pursuit of speeding Camry near Battle Mountain

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Nevada troopers end 116 mph pursuit of speeding Camry near Battle Mountain


A high-speed pursuit that began near Battle Mountain ended with an arrest west of Elko after troopers used a tire deflation device to slow a fleeing driver who later ran from his vehicle, authorities said.

On Thursday, June 4, 2026, around 1:30, a Nevada Highway Patrol trooper observed a white Toyota Camry traveling in excess of the posted speed limit near Battle Mountain in Lander County. When the trooper attempted to stop the vehicle, it accelerated to 116 mph. The Camry began passing on the outside shoulder, and the pursuit was terminated in the interest of public safety.

At 2 p.m., another trooper observed the Camry near Carlin on Interstate 80 as it exited via the Central Carlin off-ramp. The vehicle accelerated and traveled west on Chestnut Street, then went south on State Route 278 toward Eureka. The Camry traveled down a mine access road off State Route 278, and the trooper lost visual contact. Additional troopers responded and attempted to locate the Camry along the mine access road but were unsuccessful.

At 3:02 p.m., the vehicle was observed traveling northbound on State Route 278 while being pursued by the Eureka County Sheriff’s Office and Carlin Police Department. Troopers then pursued the Camry on Interstate 80 eastbound from Carlin as it traveled 115 mph.

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Troopers successfully deployed a tire deflation device, also known as a Stop Stick, as the vehicle entered the Carlin Tunnel. The Camry slowed to about 80 mph after the left front tire tread separated from the rim. The vehicle continued eastbound on Interstate 80 toward Elko and slowed to 20 mph.

The driver exited the moving vehicle near mile marker 297, about one mile west of the West Elko (State Route 535) interchange, and the vehicle came to rest in the center median. The driver ran south across the eastbound travel lanes and entered the ranching area south of Interstate 80.

For the next 30 minutes, law enforcement pursued the male suspect on foot through various terrain west of the city of Elko. At 3:48 p.m., the suspect was taken into custody without incident.

David Basil Mercer was booked into the Elko County Jail on charges of basic speed, 41+ mph over the posted speed limit; reckless driving; evade, elude or fail to stop; resisting a public officer; using or being under the influence of a controlled substance; possession of a controlled substance; and DUI.

Nevada Highway Patrol thanked its partner agencies, including the Eureka County Sheriff’s Office, Carlin Police Department, Elko Police Department, Elko County Sheriff’s Office, and the Parole and Probation Division of the Nevada State Police.

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More than 270,000 Nevadans have participated in the primary elections

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More than 270,000 Nevadans have participated in the primary elections


More than a quarter-million Nevadans had participated in the state’s primary elections as of Friday afternoon, a few hours before the two weeks of early voting concluded.

The 270,008 people who had voted in person or returned a mail ballot amounted to a roughly 11 percent participation rate out of the more than 2.4 million active and inactive registered voters in Nevada as of Monday.

At least 181,139 ballots had been returned statewide, and 86,869 people had voted in person since May 23.

Secretary of State Francisco Aguilar, Nevada’s chief election official, said Friday that the early voting process had proceeded without hiccups, crediting county clerks and election workers.

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“Everything has gone very smoothly,” he told the Las Vegas Review-Journal. “Clerks have been preparing for this moment since the day after the 2024 election.”

Aguilar said he otherwise wished turnout was higher.

Nevadans who want to vote in person still have one final chance: on Election Day Tuesday.

Those who wish to mail back their ballots can do so through that day, although Aguilar recommends that they take them to drop boxes or polling locations instead, to ensure that they are counted.

For now, Nevada law allows returned mail ballots to be counted several days after Election Day. Ballots postmarked by Election Day are accepted for up to four days, while mail returned without a legible postmark is accepted for up to three days.

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A Supreme Court ruling — which is expected to come down after the primaries — could lead to the reversal of laws in Nevada and about a dozen other states that allow the counting of mail ballots received days after Election Day.

If the higher court rules against Mississippi, whose law was challenged by the Republican National Committee and the Mississippi Libertarian Party, the change could go into effect as early as November’s midterm elections.

“As opposed to any of the president’s executive orders, we can’t challenge a ruling by the U.S. Supreme Court or file a lawsuit against it,” Aguilar said in late May. “We have to accept it.”

About 57,000 Clark County residents had voted early and in person as of Friday afternoon, state data showed. Almost 108,000 had returned their mail ballots.

Aguilar said that he’s been encouraging clerks to push voters whose mail ballots require signature verification, a process known as curing, to get it done as soon as possible.

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Clark County had flagged at least 1,621 ballots that needed curing as of Friday afternoon. At least 543 of those voters had since verified their signatures.

There is a plethora of nonpartisan and partisan local, state and federal races on the ballot. Some can be won outright this month. For others, like congressional and the governor’s races, voters will have a chance to dwindle the field that will then face off in November.

Nevada offers same-day, in-person registration for inactive voters, which requires a state identification card. Registered voters can track their ballots at myballot.nv.gov and update their contact information at vote.nv.gov.

Contact Ricardo Torres-Cortez at rtorres@reviewjournal.com.

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