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Here are the best-performing retail markets of 2025

Sun Belt cities shine as Charlotte, straddling the Carolinas, jumps to first from sixth place
Charlotte, with a retail area that straddles both North and South Carolina, emerged as the nation’s top-performing retail market of the year. (Thaddeus Rombauer/CoStar)
Charlotte, with a retail area that straddles both North and South Carolina, emerged as the nation’s top-performing retail market of the year. (Thaddeus Rombauer/CoStar)
CoStar Analytics
December 15, 2025 | 7:56 P.M.

U.S. retail real estate delivered another year of resilience in 2025, marked by a steady balance between supply and demand, despite pressure from increased store closings.

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