Why Reno's housing market is holding up while Phoenix, Denver and Austin fall
Vantage Data Centers and Fleet Data Centers announced multi-billion dollar AI campuses near the Tahoe-Reno Industrial Center, significantly increasing electricity demand in Nevada. Data centers are projected to consume 35% of Nevada's electricity by 2030, straining the grid and prompting NV Energy to cease supplying power to the Lake Tahoe area to prioritize data center load. This demand is a key factor supporting Reno's housing market despite supply shortages.






