Long-term Honolulu industrial owners have mark-to-market rent increase opportunities at lease renewal
On average, rents have risen by 66% over the past 10 years
Rents in Honolulu’s industrial market have risen to some of the highest in the U.S. for a secondary market, now at a blended rate of $22.65 per square foot.
Retail space remains scarce in Honolulu, something unlikely to change anytime soon
Less than 1% of the space available for lease was built within the past five years
Healthy demand, limited new supply and shrinking inventory have kept Honolulu retail space scarce. Roughly half of the metropolitan area's 12 markets report availability rates belo...
Chronic undersupply and limited land for development keep Honolulu’s multifamily vacancies low
Supply-demand balance expected to persist in the near term
Apartment vacancies in Honolulu rank among the lowest in the nation, driven by chronic undersupply and limited land for development. As of the fourth quarter of 2025, the vacancy r...
Apartment vacancies in Southwest Houston reach 14-year high
Move-outs, more so than new supply, are to blame
A wave of move-outs in Southwest Houston, one of the city’s largest apartment areas, has pushed vacancies there to 14-year highs, as of this year's fourth quarter.
Forecast sees yields set to fall across commercial property next year
Pricing, liquidity and bond market trends suggest capitalization rates likely to compress
CoStar’s latest forecast indicates that yields are poised to edge lower across commercial real estate types next year.
Available medical office space in Houston hits record high
Almost 60% of that inventory is 20 years or older
Houston’s medical office market remains highly fragmented. Leasing activity and positive absorption are concentrated in newly built properties, while older buildings —particularly ...
Massive supply-side relief is imminent in Houston’s apartment market
Completions are anticipated to fall by 80% this quarter
As 2026 approaches, Houston’s multifamily market appears poised to turn a corner—particularly on the supply side.
Industrial leasing volume reaches record high in Northwest Houston suburb
New construction is behind surge in activity
While both nationally and in Houston leasing volume has slowed from the post-pandemic highs, that has not been the case everywhere. In Houston's North Freeway-Tomball Parkway area,...
Net absorption in Houston’s industrial market slows to five-year low
New industrial properties drive demand
Industrial tenants remain active in Houston, but like national trends, net absorption, or the difference between move-outs and move-ins, has slowed from the record post-pandemic de...
Industrial construction starts in Houston already at a three-year high
Despite a challenging financing environment, speculative projects persist
Houston often marches to the beat of its own drum, and industrial activity is no exception. While developers in most major markets remain largely on the sidelines due to the challe...
Houston apartment rent losses continued in September
An oversupply of newly completed units keeps competition for prospective renters high
Pushing apartment rents is currently difficult in Houston, according to many local property managers as the market continues to work through the recent supply wave. And Apartments....
Vacant office space in Houston concentrated in relatively few properties; Number is climbing
Nearly one-third of all buildings have high vacancies
While historically most of the vacant office space in Houston has been concentrated in a relatively small number of buildings, this share has been rising in recent years.
Investor interest in Houston’s apartment market strengthens; Signals renewed sector confidence
Private buyers and syndicators remain at forefront, but institutional capital returns
Houston multifamily sales volume reached its cyclical low in the first quarter of 2023. Since then, the quarterly dollar volume has been uneven, with large trades appearing sporadi...
Houston-area household incomes increase faster than apartment rents
Income-rent gap supports multifamily demand
Houston continues to offer relatively affordable housing compared to national trends.
Long-term industrial owners have notable mark-to-market rent increase opportunities at lease renewal
Urban areas with little new supply competition lead long-term gains
Rent growth in Houston’s industrial market has been slowing over the past two years because of the recent speculative supply wave.
Stalling new supply, strong population growth, keep Houston retail properties on investors’ target lists
Transaction activity is up almost 50% year over year
Local brokers note that they have been very busy in 2025, and CoStar’s data echoes this: the total number of transactions during the first three quarters of 2025 was almost 50% hig...
Houston sees third-quarter surge in office sales
More than 300 office properties traded between July and September
Momentum in Houston's office investment market continued to build through the first three quarters of 2025, following a steady recovery throughout 2024.
Job growth remains strong in Salt Lake City
Two sectors drive most job gains during first eight months of the year
Job growth in Salt Lake City is gaining momentum. Through the first eight months of the year, the Ski City added 8,300 jobs, which is the strongest year-to-date figure this past de...
Job growth cools in Houston
Single sector accounts for most job losses during the first eight months of the year
Mirroring the national trend, job growth has slowed across Houston. Local business analysts note that this likely reflects heightened uncertainty in the business outlook, which is ...
Long-term retail owners have sizable mark-to-market rent increase opportunities at lease renewal
Fast-growing, affluent suburbs lead long-term gains
The rate of rent increases in Houston's retail market has been slowing for the past two and a half years, with average retail rents rising by just 1.4% year-over-year, near 2020-ye...