After a troubling 2025, in which unemployment rose as tourism fell, Las Vegas is primed for a comeback in 2026. What can the Vegas housing market tell us about its economy? These dips have worked their way through the city’s economy, and can be seen in Vegas’ fast-growing housing market, which took a hit as well. While the drop in tourism didn’t help the local economy or housing market, Las Vegas Realtors President George Kypreos told SAN he sees some encouraging signs for homeowners in 2026. “Many newcomers and visitors to Las Vegas are often surprised to see what a ‘normal’ community this is.