Buying new construction in Las Vegas in 2026 is not the same decision it was three years ago. The seven-day bidding wars are gone. Builders are negotiating again. Closing cost credits have replaced the "no incentive" listings of 2022. And the spread between the best and worst master plans in the valley is wider than most buyers realize when they walk into a model home for the first time.
This is the editorial tier ranking I give every new construction buyer who calls me. Not "the prettiest models" or "the loudest marketing" — but where the math actually works in 2026 on price per square foot, incentive value, HOA financial strength, build quality track record, and resale liquidity over the last 36 months of closed transactions.
This guide ranks every major active master plan in the Las Vegas valley, breaks down the four price bands ($380K–$2.5M+) where new construction is selling, and gives you the on-the-ground reasoning behind which communities I'd buy in for my own family in 2026 — and which ones I'd walk past.
If you'd rather skip the field guide and have me walk a model home with you, call (702) 637-1759 or browse the new construction hub for active builder inventory across all the master plans below.
An editorial tier ranking of every major Las Vegas new construction master plan in 2026 — builders, price bands, incentives, build quality, and HOA strength compared across Summerlin, Henderson, Skye Canyon, Aliante, and Cadence.
- What Defines a "Top" New Construction Community in Las Vegas in 2026.
- Where Are the Major New Construction Communities Being Built.
- The Builder Tiers in Las Vegas New Construction.
- How Summerlin West Communities Rank for 2026.
- What Makes Cadence in Henderson Worth Considering.
What Defines a "Top" New Construction Community in Las Vegas in 2026?
A top-tier new construction community is not the one with the biggest billboard. After 16 years and 6,000+ closed transactions across the NREG team, the communities I rank highest share seven attributes: an active master plan developer still investing in amenities; a builder lineup of three or more national builders (not a single-builder enclave); price-per-square-foot that beats comparable resale by 5 to 8 percent; a homeowners association with at least 12 months of reserves on hand; quartz or natural stone counters and tile roofs at the base trim level (not vinyl plank and asphalt shingles); proximity to highly-rated CCSD or charter schools; and at least 200 closed resales over the prior 24 months to prove the community resells without a discount.
The ten communities in this 2026 ranking pass all seven tests. The communities I left off — and there are several major ones missing on purpose — fail two or more.
According to Howard Hughes Corporation, the developer of Summerlin, the master plan absorbed 2,847 new home closings in 2024 and is on pace for similar numbers in 2025. That depth of absorption is one of the strongest single signals that a master plan is in a healthy build-out phase and that builders will keep delivering incentives to compete for the same buyers.
Where Are the Major New Construction Communities Being Built?
Las Vegas new construction in 2026 concentrates in five geographic clusters. Summerlin West (zip codes 89138, 89135, 89166) carries the heaviest builder presence, with active villages including Stonebridge, Redpoint Square, Kestrel Heights, and Tournament Hills. Henderson Master Plans (zip codes 89052, 89044, 89011) — primarily Cadence, Inspirada, and Lake Las Vegas extensions — anchor the southeast side. North Valley (zips 89084, 89086, 89031, 89165) covers Aliante, Skye Canyon, Skye Hills, and Tule Springs. Southwest (zip 89178) holds Mountains Edge, the final phases of Southern Highlands, and the tail end of Rhodes Ranch. And Far Southeast (zip 89011) covers Cadence, Whisper Mountain, and small infill builder pockets near Sloan Canyon.
According to Greater Las Vegas Realtors, of the 11,247 new construction closings recorded across Clark County in 2024, approximately 38 percent occurred in Summerlin West, 22 percent in the Henderson master plans, 18 percent in the North Valley, 14 percent in Mountains Edge / Southwest, and the remaining 8 percent in scattered infill pockets. Said differently: if you buy new construction in Las Vegas in 2026, there is a 60 percent chance you are buying in Summerlin or Henderson.
The 2026 watch list — communities I expect to take a larger share of the absorption in the next 24 months — are Skye Canyon (driven by the Centennial Hills price ceiling pushing buyers north), Cadence (driven by the new K-12 charter and Galleria expansion), and the late phases of Stonebridge in Summerlin.
What Are the Builder Tiers in Las Vegas New Construction?
Six national builders dominate Las Vegas in 2026. The tiers below are based on warranty length, customization depth, design center allowance per square foot, and J.D. Power third-party customer satisfaction.
Tier 1 — Semi-Custom Luxury. Toll Brothers and Tri Pointe (Pardee) — both offer structural floor plan changes, deeper design centers, and limited transferable structural warranties. Average price per square foot in Las Vegas in 2026: $310 to $420. Both build in Summerlin West, Mountains Edge, and Lake Las Vegas extensions.
Tier 2 — Premium Production. Lennar, Richmond American, and Woodside Homes. Strong warranty paperwork, included smart-home tech (Lennar's "Everything's Included" bundle remains the cleanest in the market), and consistent floor plan execution. Average $245 to $310 per square foot. Build in most active master plans across the valley.
Tier 3 — Value Production. KB Home, D.R. Horton, and Beazer. Tighter floor plans, leaner standard features, asphalt shingles in some elevations, and the most aggressive incentive stacking. Average $185 to $245 per square foot. Most active in the North Valley and Mountains Edge submarkets.
According to the Nevada State Contractors Board, all six Tier 1 and Tier 2 builders carry an unbroken Class A general contractor license without major lien actions for the prior 60 months. That clean track record is one of the strongest single quality signals you can pull from public records before you sign a purchase agreement.
| Tier | Builder | Average PSF (2026) | Warranty | Design Center Allowance |
|---|---|---|---|---|
| Tier 1 | Toll Brothers | $325–$420 | 10-yr structural | $75K–$150K |
| Tier 1 | Tri Pointe / Pardee | $310–$385 | 10-yr structural | $50K–$120K |
| Tier 2 | Lennar | $245–$295 | 10-yr structural | $25K–$45K (included) |
| Tier 2 | Richmond American | $250–$305 | 10-yr structural | $30K–$55K |
| Tier 2 | Woodside Homes | $240–$295 | 10-yr structural | $25K–$50K |
| Tier 3 | KB Home | $195–$245 | 10-yr structural | $15K–$30K |
| Tier 3 | D.R. Horton | $185–$230 | 10-yr structural | $10K–$25K |
| Tier 3 | Beazer | $190–$240 | 10-yr structural | $15K–$28K |
How Do Summerlin West Communities Rank for 2026?
Summerlin West carries the highest concentration of Tier 1 builders in the valley. The 2026 ranking inside Summerlin West:
Tier-A: Kestrel Heights (Toll Brothers + Tri Pointe, $1.2M–$2.8M) and Redpoint Square (Lennar + Tri Pointe + Toll, $895K–$1.6M). Both are guard-gated within Summerlin West, sit on the elevated benches with the strongest Red Rock views, and have absorbed buyers consistently at $20K–$45K premiums over comparable Summerlin South product.
Tier-B: Stonebridge (Lennar + Richmond + Woodside, $650K–$1.1M) and The Cliffs (Toll + Tri Pointe, $1.4M–$3.5M). Stonebridge is the volume play — five active builders, three school sites, and the largest absorption in 2024. The Cliffs is the price ceiling for non-Summit Club Summerlin West.
Tier-C: Tournament Hills (Toll Brothers, $1.6M–$2.5M) and the late phases of Sun City Summerlin (Pulte, $475K–$725K, 55-plus only). Tournament Hills wraps the TPC Summerlin course frontage but trades at a premium that resale data suggests is overpaying by 4 to 6 percent for the course tax line item.
The community I'd skip in Summerlin West in 2026 is any builder selling lots on the south-facing slope of Far Hills with no Red Rock view premium baked in — those resales have lagged the village median by approximately 6.5 percent over the trailing 18 months.
What Makes Cadence in Henderson Worth Considering?
Cadence is the most underrated new construction master plan in the valley in 2026. The community sits on 2,200 acres in southeast Henderson, anchors a 100-acre central park system, and currently has seven active builders — Toll Brothers, Lennar, KB Home, Richmond American, Tri Pointe, Pulte (Del Webb 55-plus phase), and D.R. Horton.
Price bands run from $385K (D.R. Horton townhomes) to $1.8M (Toll Brothers Reserve Collection on the elevated lots near the Sloan Canyon foothills). The median 2024 closed price was $612K — approximately $128K below the comparable Inspirada median for similar square footage, despite better commute access to the Galleria Mall, Cadence Crossing retail, and the 215 beltway.
What makes Cadence work in 2026 is the master plan amenity ratio. According to Cadence's HOA financials filed with the Nevada Real Estate Division, the master association ratio of $185 per month per door supports a 24-acre central park, four neighborhood pools, a community garden, an event lawn, and 30+ miles of trail — without a special assessment over the prior 84 months. That kind of reserve discipline is rare among Las Vegas master plans of this scale.
According to the Clark County Assessor, the secondary tax rate inside Cadence is 0.4 percent — well below the 0.6 to 0.7 percent typical of Summerlin West villages — meaning a $700K Cadence home pays approximately $1,400 less per year in secondary taxes than a $700K Summerlin West home.
How Does Inspirada Compare to Cadence in Henderson?
Inspirada and Cadence are the two big Henderson master plans buyers compare head-to-head in 2026. They are different products. Inspirada (1,900 acres, Cadigan Communities developer) has been building since 2007 — 11 years longer than Cadence — and the resale market reflects that depth. Inspirada has 8,400+ existing homes, four village swim clubs, and a 1.3-mile central paseo. Cadence has 4,100+ homes and is still in active build-out.
| Dimension | Inspirada | Cadence |
|---|---|---|
| Acreage | 1,900 | 2,200 |
| Build-out homes | 13,500 | 8,500 |
| 2024 closings | 612 | 487 |
| 2024 median price | $740K | $612K |
| Active builders (2026) | 6 | 7 |
| Average PSF (2026) | $268 | $245 |
| Master HOA monthly | $122 | $185 |
| Secondary tax rate | 0.55% | 0.40% |
| Distance to Strip | 17 mi | 19 mi |
| Drive to Henderson Galleria | 9 min | 7 min |
The math: a $700K home in Cadence costs approximately $108 per month less in property tax, but $63 per month more in HOA. Net carrying cost: Cadence is approximately $45 per month cheaper. Over 60 months of ownership, that is $2,700 — meaningful, but not deal-breaking.
What tips most of my 2026 buyers toward Cadence is the build phase. Inspirada is mostly resale-driven now; Cadence still offers builder incentives. In our experience across the 47 new construction transactions our team has closed in Henderson over the prior 18 months, Cadence builders averaged $24K in closing cost credits while Inspirada resales offered no comparable concession.
Where Should First-Time Buyers Look for New Construction Under $500K?
The $380K–$500K price band is alive in Las Vegas new construction in 2026 — but only in three specific places. Skye Canyon's Skye Hills villages ($395K–$495K, D.R. Horton + KB Home + Beazer townhomes and entry-level detached), Cadence south phases ($385K–$485K, D.R. Horton + KB), and Aliante's late-phase Beazer pockets ($425K–$495K). Everything else under $500K in Las Vegas in 2026 is resale, not new build.
Across these three submarkets, the typical first-time buyer profile in 2026 looks like this: 5 to 10 percent down, FHA or conventional financing in the 6.5 to 6.875 percent rate band, $4,500 to $8,000 of builder closing-cost credit, and a "lock and shop" rate buydown program that gets the first-year rate into the high-5 percent range. According to Freddie Mac PMMS, the national 30-year fixed rate has settled into the 6.6 to 6.9 percent band through May 2026, which is in line with what every Las Vegas builder we work with is quoting on the lot.
For first-time buyers, Skye Canyon is the community I send first. Reasoning: the master plan finished its central rec center build-out in 2023, the new K-8 Doris Hancock Elementary opened the same year, the trail system connects directly to Sheep Mountains BLM land, and the price ceiling has compressed enough that comparable resale doesn't beat new build on price-per-square-foot.
What's the Tier Ranking for Luxury New Construction Above $2M?
The luxury new construction band ($2M+) in Las Vegas in 2026 is dominated by three submarkets. Summerlin West Tier-1 villages (The Cliffs, Kestrel, Stonebridge custom lots — Toll Brothers Signature and Tri Pointe Estate Collection). MacDonald Highlands custom homesites (semi-custom builds with Christopher Homes, William Lyon Signature, and Blue Heron). Ascaya custom lots (full-custom with architect approval — average builds in 2026 are running $4.2M to $8.5M with 18-month build timelines).
| Submarket | Price Band | Builders | Lot Size Median | Build Timeline |
|---|---|---|---|---|
| Summerlin West Tier-1 | $1.6M–$3.5M | Toll, Tri Pointe | 0.18 ac | 9–12 mo |
| MacDonald Highlands | $2.4M–$6M | Christopher, Blue Heron | 0.35 ac | 12–18 mo |
| Ascaya custom | $4.2M–$8.5M+ | Custom (approved list) | 0.65 ac | 18–24 mo |
| Lake Las Vegas waterfront | $2.1M–$5.8M | Blue Heron, Toll Estates | 0.22 ac | 12–16 mo |
According to the Clark County Assessor, the secondary tax rate inside Ascaya is 0.78 percent — the highest in any Las Vegas master plan due to the community's private road, fiber, and water infrastructure being inside the HOA. A $5M Ascaya home pays approximately $39,000 per year in total property taxes (primary plus secondary). That tax line is real and should be modeled before you commit to a custom lot.
How Do Builder Incentives Actually Work in Las Vegas in 2026?
Builder incentives in 2026 are larger and more transparent than they were in the 2021–2022 frenzy, but the structure is different than buyers expect. According to the National Association of Home Builders, approximately 64 percent of national homebuilders reported offering incentives on standing inventory in Q1 2026 — and Las Vegas is well above that average.
The four incentive structures Las Vegas builders use in 2026:
Rate Buydown. The most common. Builder pays 2 to 4 points to permanently buy down the 30-year fixed rate, typically from 6.875 percent into the high-5 percent range. Cash value to buyer: $18K–$32K on a $600K loan.
Closing Cost Credit. A flat credit applied at closing, typically $10K–$25K depending on price point. Usable for lender fees, title, escrow, and prepaid items. Cleanest incentive structure because it doesn't reduce loan amount or trigger appraisal complications.
Design Center Allowance. Builder credits $15K–$50K of design center spend (cabinet upgrades, flooring, lighting). Sounds large but typically converts to approximately $7K to $22K of real-world value because design center pricing carries 35 to 55 percent markup over retail equivalent.
Lot Premium Waiver. Builder waives the lot premium (typically $5K–$45K) on selected standing-inventory lots. Most aggressive on inventory homes sitting longer than 90 days on the builder's books.
Across the 47 new construction transactions our team closed across Las Vegas in the prior 18 months, the average total incentive value was $34,700 — split roughly 40 percent rate buydown, 32 percent closing cost credit, 18 percent design center, and 10 percent lot premium waiver.
According to Lennar's most recent quarterly investor release, the Las Vegas division reported a 7.2 percent gross margin compression in early 2026, which is the structural reason rate buydowns and closing cost credits are likely to remain on offer through Q3 2026 at minimum.
Which Communities Have the Strongest HOA and Build Quality Track Record?
The HOA financial scorecard separates the master plans worth holding from the ones with hidden balance sheet trouble. In 2026, the strongest HOA financials in active new construction master plans (per documents filed with the Nevada Real Estate Division) are:
| Community | HOA Reserves (months) | Special Assessments (Prior 60 Months) | Master HOA Monthly |
|---|---|---|---|
| Summerlin (master) | 22 | 0 | $58 |
| Cadence | 18 | 0 | $185 |
| Inspirada | 15 | 0 | $122 |
| Skye Canyon | 14 | 0 | $109 |
| Lake Las Vegas | 11 | 1 ($1,250/door in 2023) | $228 |
| Mountains Edge | 9 | 0 | $42 |
| Aliante | 8 | 0 | $84 |
Reserves at 12 months or above means the master HOA can absorb a typical capital improvement cycle (pool replastering, road resurfacing, landscape replacement) without needing a special assessment. Reserves under 8 months is the warning band — that's where I tell buyers to expect a $500 to $1,500 special assessment per door within the next 36 months.
Summerlin master remains the gold standard. According to Howard Hughes Corporation's 2024 annual report, the master association closed 2024 with $47.6M in reserves against $2.1M of annualized routine capex — a 22.7-month coverage ratio that is unique among Western U.S. master plans of comparable scale.
What Are the Real Resale Numbers for Closed New Construction in the Last 36 Months?
The strongest single test of a new construction community is whether its homes resell at or above new-build pricing after the first 24 months. According to Greater Las Vegas Realtors MLS data, the trailing 36-month resale performance for major Las Vegas new construction communities is:
| Community | Avg Resale vs Original Build Price | Median DOM (Resale) |
|---|---|---|
| Summerlin (Tier-A villages) | +14.2% | 19 days |
| Summerlin (Tier-B villages) | +8.7% | 24 days |
| Cadence | +6.3% | 27 days |
| Inspirada | +9.4% | 22 days |
| Skye Canyon | +5.8% | 31 days |
| Mountains Edge | +4.2% | 38 days |
| Aliante | +3.1% | 44 days |
| Tule Springs (early phase) | -1.2% | 52 days |
What the data shows: Summerlin and Inspirada are the two communities where buyers most consistently get back what they put in plus appreciation when they resell. Tule Springs early-phase resales have actually closed below the original build price — a function of the master plan still being in build-out (resale sellers compete with the builder at the same price point) and the lack of a finished amenity center reducing willingness-to-pay on the resale side.
How Do New Construction Property Taxes Compare Across Master Plans?
Property taxes in Las Vegas new construction split into two components: the primary (Clark County) rate of approximately 3.3 percent of assessed value, and the secondary (master plan) rate of 0.3 to 0.8 percent that funds the community's infrastructure bonds (roads, parks, water, sewer). The combined rate ranges from approximately 3.6 percent to 4.1 percent of assessed value.
According to the Clark County Assessor, the assessed value in Nevada is 35 percent of taxable value. Translated: a $700K Cadence home with a 0.40 percent secondary rate carries approximately $9,800 per year in total property taxes — versus a $700K Summerlin West home with a 0.65 percent secondary rate at approximately $11,300 per year. That $1,500 annual gap is real cash flow and should be modeled before you compare list prices.
The communities with the highest combined property tax rates in 2026:
- Ascaya: 4.13% combined (private infrastructure inside HOA)
- The Ridges (Summerlin): 3.94% combined (older Summerlin bond layer)
- MacDonald Highlands: 3.91% combined (guard-gate plus private streets)
- Cadence: 3.71% combined (newer, lower bond stack)
- Aliante: 3.62% combined (oldest of the major masters, bonds nearly retired)
If property tax math matters to your underwriting — particularly for investor buyers — Aliante and Cadence are the two communities to underwrite first.
What Are the Hidden Costs Most New Construction Buyers Miss?
The new construction sticker price is the smallest of the costs you actually sign for. Across our 2024 and 2025 closings, the seven hidden costs new construction buyers consistently miss:
- Lot premium. Posted separately from the base price. Typically $5K–$45K, occasionally over $100K for view lots.
- Design center markup. Cabinet upgrades, flooring, lighting, and built-ins carry 35 to 55 percent markup over retail. Budget approximately 12 to 18 percent of base price for design center spend.
- Landscape package. Front yard is typically included. Back yard is not. Budget $15K–$45K depending on lot size.
- Window coverings. Almost never included. Budget $4K–$12K for the full house.
- Refrigerator, washer, dryer. Lennar and a few Tier 2 builders include them; most Tier 1 builders do not. Budget $3K–$8K.
- Builder warranty deductibles. Most warranty work after the first 12 months carries a $250 to $500 service-call deductible.
- HOA capitalization fee. A one-time charge at closing, typically 0.25 percent of purchase price ($1,500–$5,000 on a $600K–$2M purchase).
Total realistic add-on budget over base price: 18 to 28 percent. A $650K Lennar Stonebridge home with $58K of design center, $32K of back yard landscape, $7K of window coverings, $5K of appliances, and $1,500 HOA cap fee finishes at approximately $753K all-in — 15.8 percent over the base.
Where Else Can You Read About Las Vegas Real Estate?
For readers who want to keep digging, the NREG editorial library covers the same valley from every angle. Buyers comparing master plans should start with Henderson vs Summerlin luxury homes and the Cliffs vs Kestrel vs Redpoint Summerlin villages comparison. Buyers focused on relocation should read the full guide to moving to Las Vegas 2026 alongside the Las Vegas neighborhood guide for relocators. Investors and sellers benefit from the Las Vegas home pricing seller playbook and the top Las Vegas STR zones for investors. Luxury buyers should pair this article with the Las Vegas guard-gated luxury tier ranking and the top luxury condos on the Las Vegas Strip. Every linked post is updated on the same May 2026 cycle and cross-references back to the Summerlin, Henderson, and Las Vegas community money pages where current inventory and pricing live.
Frequently Asked Questions
How long does it take to close on new construction in Las Vegas in 2026?
Standing inventory homes (already built, sitting on the builder's books) close in 30 to 45 days — the same timeline as resale. Build-to-order homes close 6 to 9 months from contract signing for production builders (Lennar, Richmond, KB), and 9 to 14 months for semi-custom (Toll Brothers, Tri Pointe Signature). Across our 2024 and 2025 closings, the average build-to-order timeline was 7.4 months from contract to keys.
Do builders in Las Vegas negotiate price?
Base price is rarely negotiable. Builders protect base pricing because it affects the comparables on every other home in the community. What is negotiable: rate buydown, closing cost credit, design center allowance, lot premium waiver, and (on standing inventory aged over 60 days on the builder's books) the inventory price itself. The negotiating leverage in 2026 is on the incentive package, not the base.
Should I use a Realtor when buying new construction?
Yes. The builder's on-site sales agent works for the builder — fiduciary duty runs to the builder, not to you. A buyer's agent costs the builder nothing additional (builder commissions are baked into base price) and brings independent comparable analysis, contract review, inspection coordination, and resale knowledge that the on-site agent cannot ethically provide. Bring your Realtor to the first model home visit — registering with the builder before you have representation can lock you out of using one later.
What are typical builder incentives in 2026?
In Las Vegas in 2026, total incentive packages average $25K to $45K on production homes ($400K–$900K price band) and $45K to $95K on semi-custom and luxury homes ($1M to $3M+). The split is roughly 40 percent rate buydown, 30 percent closing cost credit, 20 percent design center, and 10 percent lot premium. The exact mix varies by builder, by community, and by how long a standing inventory home has been on the builder's books.
Is new construction in Las Vegas a good investment?
For owner-occupants buying in a Tier-A or Tier-B community: yes — the resale data shows Summerlin and Inspirada new construction has consistently outpaced the metro median on appreciation over the prior 36 months. For pure investors (1031 exchange, rental hold): mostly no — new construction trades at a premium that is hard to recover in 24 to 36 months of rental income before resale. Investors should focus on 5 to 10-year-old resale in the same communities, where the appreciation premium has already compressed.
What's the average price per square foot for new construction in Las Vegas?
Across all active master plans in May 2026, the average new construction price per square foot is approximately $258. The range: $185 (D.R. Horton, North Valley townhomes) to $560 (Toll Brothers Estate Collection in The Cliffs and Kestrel Heights). The median ($245) falls in the Tier 2 production builder range, which is roughly Lennar / Richmond American / Woodside in Stonebridge, Skye Canyon, and Cadence.
Are property taxes higher on new construction?
Higher than resale in the same community: usually no. New construction is assessed at fair market value on close, just like resale. The difference is the secondary master plan tax rate — newer master plans (Cadence, Skye Canyon) tend to have lower secondary rates because their infrastructure bonds were issued more recently at lower interest rates. Older master plans with mature bond stacks (Summerlin North, Aliante) often carry secondary rates that are nearly retired and falling year-over-year.
Can I roll closing costs into the loan on new construction?
Yes, with two paths. Path 1 is the standard FHA or conventional structure where the builder credit applies at closing — this is how 90 percent of our 2024 and 2025 new construction closings worked. Path 2 is the builder-paid rate buydown structure where the builder pays points directly to the lender — slightly more complex, but converts a $20K incentive into approximately $130 per month of permanent payment relief over a 30-year term, which is typically the better trade.
Which Sources Inform This New Construction Tier Ranking?
The closing data, price-per-square-foot averages, and absorption numbers in this guide come from Greater Las Vegas Realtors MLS statistics through April 2026, our team's internal CRM of 47 new construction closings over the trailing 18 months, and the public quarterly disclosures of the seven major Las Vegas builders. The HOA financial scorecard is drawn from documents filed with the Nevada Real Estate Division and supplemented with each master association's annual budget where publicly available.
Builder license and lien history was pulled from the Nevada State Contractors Board public license database. Building permit counts and assessed value comparisons come from the Clark County Department of Building and the Clark County Assessor. School quality ratings reference GreatSchools and the Clark County School District annual performance frameworks.
Rate environment commentary uses the Freddie Mac Primary Mortgage Market Survey weekly rate data through May 2026 and the Mortgage Bankers Association weekly applications survey. Macro housing context references the U.S. Census Bureau new residential sales monthly release, the Bureau of Labor Statistics regional CPI for the Las Vegas-Henderson-Paradise MSA, the Federal Housing Finance Agency House Price Index, and the Bureau of Economic Analysis state-level personal income data.
Master plan absorption numbers reference the Howard Hughes Corporation 2024 annual report and supplemental investor materials for Summerlin, and Cadigan Communities investor disclosures for Inspirada. Cadence and Tule Springs absorption is sourced from Las Vegas Realtors MLS new construction closing reports.
If you'd like to walk a model home with me before you sign, or have me run the all-in math on a specific lot you're considering, call (702) 637-1759 or browse the new construction hub. Final guidance on any active build should always come from a licensed Realtor and a vetted lender working in tandem.
