The NVHBA is committed to protecting the rights of home owners, homebuilders, and the future of Nevada.
Between 1998-2013, the percent of new multifamily buildings in relation to all new housing in southern Nevada has declined by 84%.
In 2011, for every 1 home closing in Nevada, 1.35 defect claims were filed. For the average of other states, the highest rate reached was 0.035.
The cost of construction defect claims has forced small builders out of the market — small builders have 340% more of the market nationally than in Nevada.
6%
Construction employment represents less than six percent of private sector Nevada jobs as of June 2014.
$23.8 Million
New home construction generates $23.8 million in taxes and other revenue for local governments.
3.19 jobs
Every new home built in Nevada creates 3.19 permanent jobs.
$401,790
A $220,000 home in Nevada generates $401,790 in economic activity.