Commercial sales improve in San Diego
Volume jumps in the office sector
Commercial property sales increased year over year in San Diego for the second straight year, climbing to more than $7.4 billion invested across the region in 2025. That represente...
Apartment construction eases in Sacramento
Construction starts fall to 10-year low
After 9,200 market-rate multifamily units opened across the Sacramento region between 2022 and 2024, developers have taken their collective foot off the accelerator. That supply wa...
Sacramento apartment rents grow for the first time since May
Rents inch up as seasonality returns
After rents fell month over month through the final seven months of 2025, they reversed course at the start of the year, eking out a marginal 0.1% increase in January. That was the...
San Diego navigates a supply wave
Apartment vacancy is on the rise
San Diego is in the middle of what could best be described as a supply wave of market-rate apartment completions.
Seasonality brings warm weather and rent increases in San Diego
Apartment asking rents rise for the first time since May
With the calendar flipping to 2026, San Diego’s apartment rents ticked up month over month in January for the first time since May. The 0.3% growth matched the increase from the pa...
Nonfarm employment falls in Sacramento
Civilian labor force retreats
The Sacramento region’s unemployment rate fell to 4.8% in the December jobs report from the U.S. Bureau of Labor Statistics, from a revised 5.1% in November. The year-ago estimate ...
Unemployment rate eases in San Diego
But hiring slows in 2025
San Diego’s unemployment rate fell to a seven-month low of 4.4% in December, according to the latest jobs report released by the Bureau of Labor Statistics. That was down from 4.6%...
Retail availability hits five-year high in San Diego
Space piles up from big-box closures
San Diego’s retail market ended 2025 with its highest availability rate since 2021. At 5.2%, it was a tick below the 10-year average. Over 1.3 million square feet was added to the ...
San Diego industrial vacancy climbs to the highest level since 2012
Leasing momentum fades through 2025
San Diego's industrial market recorded its first quarter of positive absorption in three years during the fourth quarter, driven by the occupancy of a 427,000-square-foot built-to-...
San Diego office market settles into new year
Leasing falls while vacancy rises
The past few quarters have done little to alter San Diego's office narrative. New leasing volume fell for the third consecutive year in 2025, and San Diego has been one of several ...
Hiring ticks up in Sacramento, California
Job report shows holidays brought seasonal surge in employment
The November jobs report for Sacramento showed that the region’s unemployment rate fell from 5.2% in September, covered in the last jobs report, to 5% in November. according to the...
San Diego’s employers added jobs in November
Retail hiring rose ahead of the holidays
San Diego’s unemployment rate dipped to 4.6% in November, according to the latest jobs report from the federal Bureau of Labor Statistics. That was the lowest rate in San Diego sin...
December wraps up a rough stretch for apartment landlords in Sacramento
Concessions climb to the highest level in over five years
Apartment rents headed south at the end of 2025 in Sacramento, recording month-over-month losses of 0.2%. That concluded a year that saw apartment rents retreat in each of the last...
San Diego apartment rents end the year on a sour note
Losses spread across the region
While the pace of rent losses eased in December across San Diego, the narrative remained largely unchanged from the preceding six months: Rents fell again, marking the first time i...
Few employment sectors add jobs across Sacramento in September
Office-using employers shed more positions
After a two-month delay, the September jobs report for Sacramento was released by the U.S. Bureau of Labor Statistics. The Sacramento region’s unemployment rate fell 20 basis point...
San Diego's employment dips in delayed jobs report
Office-using sectors shed more positions
The long-awaited jobs report for September was released for San Diego. The report released by the Bureau of Labor Statistics showed that the San Diego region’s unemployment rate di...
Downtown San Diego’s office market limps into new year
Vacancy climbs above 35%
Downtown San Diego's office market has been hollowed out since the beginning of the pandemic in 2020. Vacancy has climbed from 16.2% to the fourth quarter's 35.2% — for the highest...
Sacramento faces prolonged apartment rent losses
Concessions reach two-year high
Month-over-month rent losses in Sacramento stretched into November, although if there’s a silver lining for landlords, the losses were a marginal 0.1%. That came off of October, wh...
San Diego apartment rents fall for sixth consecutive month
Concessions surge ahead of the holidays
November’s rent losses looked familiar: Apartment rents have fallen by 0.4% each of the past three months. culminating in annual rent growth declining by 0.3% to an average of $2,5...
Warehouse occupiers seek clarity in Otay Mesa
Momentum in industrial properties near San Diego fades following rise in tariffs
The Otay Mesa land border is the busiest port for imports between the United States and Mexico in California. Roughly $50 billion in trade crosses through the Otay Mesa Port of Ent...