Josh Ohl is the Senior Director of Market Analytics at CoStar and Homes.com for San Diego, the Central Coast, and the Sacramento region. His focus centers on the housing and commercial markets, alongside demographic and economic trends. He provides i...
Josh Ohl is the Senior Director of Market Analytics at CoStar and Homes.com for San Diego, the Central Coast, and the Sacramento region. His focus centers on the housing and commercial markets, alongside demographic and economic trends. He provides insights into home prices, inventory levels, rental conditions, and economic factors shaping the housing market.
Josh has worked in the real estate research industry for 20 years and has authored 100s of reports, providing data-driven analysis. He frequently presents his research to trade groups, industry events, and university classrooms. His work has been featured and he has been quoted in the San Diego Business Journal, San Diego Union-Tribune, Axios, and Los Angeles Times and GlobeSt, while being interviewed by ABC and NBC News. Josh earned his bachelor’s degree in international politics from Penn State University.
San Diego’s apartment market entered the summer with its highest vacancy rate in 25 years at 6.2%. The 10-year average has been 4.6%, with a low of 2.7% during that stretch.
Seasonal job cuts pushed Sacramento, California’s unemployment rate higher in July, but a year of modest employment gains and continued healthcare hiring point to a regional labor market that ...
For the first time this year, San Diego’s apartment asking rents fell month over month. That disrupted a run of seven consecutive months of positive month-over-month asking rent increases, after ...
San Diego’s unemployment rate rose to the highest level since the start of the year in July, according to the latest jobs report released by the U.S. Bureau of Labor Statistics. San Diego’s rate was ...
Downtown San Diego endured its weakest quarter for office leasing volume in over five years during the second quarter. The last time that quarterly leasing volume fell below 125,000 square feet was ...
The summer leasing season has done little to move the needle on Sacramento rents, which were unchanged in July and up only modestly from a year earlier.
Sacramento’s unemployment rate ticked up to 4.8% in June from a revised 4.2% in May, according to the latest jobs report released by the Bureau of Labor Statistics.
Asking rents rose for the seventh straight month in San Diego, marking the longest streak and the first July with positive month-over-month asking rent growth since 2022. July’s asking rents inched ...
San Diego’s unemployment rate rose month over month in June for the first time since January. According to the latest jobs report released by the federal Bureau of Labor Statistics, the San Diego ...
Sacramento’s office market can be characterized as stable, albeit with subdued demand: Leasing activity has settled at levels well below pre-pandemic norms, with new leasing volume over 30% below the ...
The second quarter did little to change the office narrative in San Diego. Vacancy has risen to its highest level in nearly 15 years at 12.4%, and properties targeted for conversion, particularly ...
Hiring in construction, government and hospitality helped push Sacramento’s unemployment rate down to a two-year low in May, even as office-using industries continued to shed jobs.
San Diego’s unemployment rate fell below 4% in May for the first time in two years, according to the latest jobs report released by the Bureau of Labor Statistics. At 3.9%, it was the lowest local ...
Asking rents were on the rise across San Diego’s market-rate apartment inventory in June. Rents edged up 0.2% month over month to an average of $2,587 per month.
Apartment rents were flat month over month in May across the Sacramento region, marking the first time in three years that rents did not increase in the month during the prime spring leasing season.
San Diego’s apartment asking rents have been on the rise since the start of the year, with month-over-month rent growth measuring 0.4% in May. That was the strongest monthly rent growth in two years ...
San Diego’s unemployment rate fell to 4.1% in April. That was down from a revised 4.3% in March and below last April’s unemployment rate of 4.2%. California’s statewide rate in April was 5%.
The Sacramento region’s unemployment rate fell to 4.7% in March from a revised 5% in February, according to the latest jobs report released by the Bureau of Labor Statistics. It was the lowest ...