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...
For the first time in nearly a decade, Western Houston outperforms region's office market
Increased leasing activity, limited new supply help office vacancy rate in western suburbs dip below citywide average
As of the third quarter of 2025, the vacancy rate in a major western suburban office submarket of Houston, an area that spans the Energy Corridor, Memorial City and CityCentre cont...
New apartment supply in Houston’s River Oaks likely to grind to a halt
Nothing has broken ground all year, for first time since 2009
Supply-side challenges are receding in the Neartown-River Oaks market, having been a construction hotspot in recent years. Since 2020, roughly 10,000 net new units have opened, ran...
Office vacancies in The Woodlands, Texas, fall to five-year lows
Strong demand paired with sharp pullback in construction point to further compression
The Woodlands is roughly 45 minutes north of Houston and has cemented itself as Houston's primary suburban office hub. Its deep pool of high-end stock explains why rents are among ...
Developers power through challenging financing market and keep building in downtown Salt Lake City
Fierce competition will likely keep rent growth weak throughout 2026
Despite high borrowing and construction costs and a strict lending environment, developers remain bullish on downtown Salt Lake City and have managed to get several projects off th...
Retail vacancy in Salt Lake City stays near record lows
Despite store closures, limited construction keeps quality available space scarce
Salt Lake City’s retail market remains fundamentally tight, supported by consistent household growth, above-average income gains and a resilient consumer base.
Texas builds big in new retail boom
All four of state's major markets lead the nation in new development
When users seek new retail space, Texas is often one of the first places on their minds. For over two decades, the state has led the nation in new construction, with annual complet...
Often first to react to market corrections, multifamily capitalization rates are stabilizing
Latest forecasts suggest investors more confident in supply outlook, anticipate stronger rent growth in 2026
CoStar’s latest forecasts on capitalization rates suggest that apartment owners may soon be able to raise rents more easily as vacancy rates fall.
Provo, Utah, could see record apartment demand this year
Strong population growth, high home prices fuel apartment demand
Apartment demand in Provo has remained strong in 2025. Following one of the strongest years for absorption last year, the difference between move-outs and move-ins, more than 900 u...