New homes generate economic activity that benefits businesses and residents throughout the community.
Rocky Cochran of the Southern Nevada Homebuilders Association and Pardee Homes explains how home construction helps the economy and the community at large.
Last year, our industry built and sold about 3,700 new single-family homes in metropolitan Las Vegas. The National Association of Home Builders estimates that produced $596.8 million in local income, $140.8 million in taxes and other revenues for our local governments, and created 10,244 local jobs.
Lots of economic activity and lots of jobs are created when we have a strong construction industry!