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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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Nevada secures $30 million from generic drugmaker in nationwide antitrust case

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Nevada secures  million from generic drugmaker in nationwide antitrust case


Attorney General Aaron Ford announced Wednesday afternoon that his office has reached a nearly $30 million settlement with drug manufacturer Glenmark.

The settlement is part of a multi-state antitrust case against the generic drug manufacturer. 48 U.S. states and territories allege Glenmark engaged in a conspiracy to artificially inflate prices and reduce competition on the sale of more than 100 medications.

That includes drugs used to treat asthma, cancer and diabetes, among other conditions.

Nevada will distribute $41,000 to impacted agencies and over $13 million to a consumer restitution fund.

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Individual Nevadans who bought one of Glenmark’s products between May 2009 and December 2019 may also be eligible for monetary compensation. Members of the public can find more information about eligibility at aggenericdrugs.com.





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Nevada Attorney Gen. Aaron Ford responds to what he calls President Trump’s ‘misleading speech on elections’

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Nevada Attorney Gen. Aaron Ford responds to what he calls President Trump’s ‘misleading speech on elections’


CARSON CITY, Nev. (KOLO) – On Thursday, July 16, Nevada Attorney Gen. Aaron Ford responded to President Trump’s “misleading speech on elections.”

“You just watched President Trump attempt to revive conspiracy theories about the 2020 election that have repeatedly been debunked and dismissed by the legal system, independent analyses and state elections officials across the country,” Ford said. “My office fought against these lies from day one, and we successfully defended Nevada’s elections from this ridiculous misinformation.”

Ford said that Trump is trying to bring this topic back to life.

“He does not care that Americans are tired,” Ford said. “He does not care that Nevadans are more concerned with the economic impacts of his illegal tariffs and his disastrous foreign policy. He does not care that Nevadans are worried about his unchecked and dangerous immigration enforcement strategies. He does not care that Nevadans are upset about his attempts to abuse taxpayer dollars to create a personal slush fund through the IRS.”

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Ford said Trump is trying to lay the groundwork to make a case to allow federal interference in Nevada’s elections.

“Trump has attempted to illegally interfere with the rights of states to conduct their elections, a right, to be clear, that is enshrined in the Constitution,“ Ford said. ”It is the sovereign right of Nevada and all other states to run their elections. Full stop.”

Ford said his office has always acted swiftly to investigate any allegations of voter fraud.

“Our elections have systems in place to ensure that only eligible people vote and attempts to vote fraudulently can be detected and prosecuted,” Ford said. “Since my time as attorney general, the system has worked, and we’ve prosecuted cases of voter fraud.”

Contrary to the lies that Trump continues to peddle, Ford said, the only threat to our elections is his inability to accept his loss.

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“He’s still shopping around for someone, anyone, to tell him he won,” Ford said. “His inability to accept the results of past elections and his fragile ego are driving his desire to seize control of future elections. Our country deserves better.”

Ford said Nevadans are not going to stand idly by while Trump attempts to sow doubt, lies, and confusion about the midterm election. He added that the Secretary of State’s office does an impeccable job at administering Nevada’s elections.

“I will continue to use all of my office’s power to stand up against President Trump’s attempts to illegally expand federal power and interfere with states’ rights,” Ford said. “Nevada’s elections are safe and secure.”

Copyright 2026 KOLO. All rights reserved.



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Rural Nevada ice cream shop named best in the state by Yelp

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Rural Nevada ice cream shop named best in the state by Yelp


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When foodies think of the best ice cream in Nevada, their minds might immediately go to the world-class eateries in Las Vegas or the independent dessert shops in Reno. As it turns out (or at least according to Yelp) the best ice cream isn’t in either of Nevada’s most urban areas.

Last year, Yelp released its list of 100 best U.S. ice cream shops ahead of National Ice Cream Day on July 20, naming one rural spot as the best place to get a frozen treat in the entire state.

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Luckily for Renoites, the best ice cream spot in Nevada isn’t far away. Here’s a look at the only Silver State location that made the list.

What is the best ice cream shop in Nevada?

Steve’s Homemade Ice Cream in Fernley was the only Nevada location to make Yelp’s best ice cream spots list. Steve’s is at 1360 US Hwy. 95A N., Suite 5, or just off the second highway exit going into Fernley from Reno, in the outdoor mall across the street from the Starbucks.

Yelp reviewers appreciated Steve’s variety of homemade ice cream flavors, the shop’s cleanliness and aesthetic appeal, and the owner’s friendliness.

How did Yelp make its Top 100 Best Ice Cream Shops list?

Yelp used the reviews of businesses in the ice cream category, then used factors such as the total volume of ratings and reviews to create its “all-time list of the Top 100 Ice Cream Spots in the U.S..”

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When is National Ice Cream Day 2026?

Sunday, July 19, 2026, is National Ice Cream Day.



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