Las Vegas retail on a roll.

Byline: Hubble Smith

Jun. 30--As one of the fastest-growing cities in the nation, Las Vegas will remain a prosperous retail market this year and in years to come, according to a second-quarter report from Marcus & Millichap real estate investment firm.

Although hospitality and leisure continue to lead job growth, more positions are being added in professional and business services to accommodate the booming population. This will drive retailer demand in Las Vegas, the report said.

Due to rapid home appreciation in recent years, high home prices have left many residents with less disposable income for retail purchases. Combined with the drop in ...