Las Vegas Real Estate Rental Market Improves

house backyard with pool
Photo Credit: Dubai Holiday Villas - Luxury on The Palm via Compfight cc

Some new data recently came out about the Las Vegas real estate market.  According to MPF Research, an industry-leading market intelligence division of RealPage, Inc, real estate rental revenues for the apartment market grew 3.6% in Q4 of 2013.  Occupancy rates jumped to 92.6%, and rents were up 1.9%.  These weren't fantastic numbers for a region that is still in recovery from the real estate market bust of the previous decade.  However, they are positive signs that the market is slowly inching back.