Indianapolis payrolls see largest gain since late 2024
Labor force hits record as population growth continues
The Indianapolis labor market improved over the past year, according to the latest Bureau of Labor Statistics data. Nonfarm payrolls increased by 13,900 jobs in July compared to la...
St. Louis labor market shows signs of resilience
Labor force expansion offsets uneven sector performance in a stabilizing market
The St. Louis labor market improved over the past year, according to the latest Bureau of Labor Statistics data.
Kansas City, Missouri, payrolls remain near a record high
Gains in manufacturing lead job growth
The Kansas City labor market improved over the past year, according to the latest Bureau of Labor Statistics data. Nonfarm payrolls increased by 9,600 jobs in July compared to last...
St. Louis industrial market registers one of the lowest vacancy rates in the country
Less development has kept vacancies low compared to other Midwestern markets
As of September, the Saint Louis industrial market has one of the lowest vacancy rates in the country.
Big box industrial vacancies improve in Kansas City, Missouri
New construction slows and leasing activity increases
Like many other parts of the country, the Kansas City industrial market has seen its vacancy rise over the past few years as tenant demand has slowed, following record levels in 20...
Indianapolis starting to fill up big-box industrial buildings
New construction slows, easing pressure on industrial inventory
Like many other parts of the country, the Indianapolis industrial market has seen its vacancy rate rise over the past few years as tenant demand has slowed following record levels ...
Apartment development slows in Indianapolis following pandemic-driven boom
Northern suburbs still have the largest construction pipeline
With construction and borrowing costs remaining elevated and operating expenses rising, apartment development in Indianapolis has slowed considerably in recent years.
Apartment development dips in Kansas City, Missouri
Completions expected to reach eight-year low in the second half of 2025
With construction and borrowing costs remaining elevated and rising operating expenses, apartment development in Kansas City, Missouri, has slowed considerably in recent years.
St. Louis apartment construction slows as costs climb
Completions projected to reach a four-year low in 2025
With construction and borrowing costs remaining elevated and rising operating expenses, apartment development in St. Louis has slowed considerably in recent years.
Indianapolis apartment sales slow in early 2025
Transactions fall below the long-term average as investor mix shifts
Multifamily sales in Indianapolis declined in the first half of 2025, with just 2,869 apartment units trading hands. That’s down from 5,077 units during the same period in 2024 — a...
Multifamily sales in St. Louis show continued momentum in 2025
The number of units trading rose for the second year in a row
Multifamily sales activity in St. Louis increased in the first half of 2025, with just under 4,000 apartment units sold.
Kansas City, Missouri, apartment sales rebound in first half of the year
The number of apartment units sold is the highest since 2022
Multifamily sales activity in Kansas City, Missouri, rose in the first half of 2025. Through the first two quarters of the year, just over 4,800 apartment units were sold, an incre...
Kansas City, Missouri, maintains steady population growth
All counties in the market have posted gains since 2020
Kansas City, Missouri, has added about 58,000 residents since 2020, an increase of about 2.7%, according to the latest county-level population estimates from the U.S. Census Bureau...
St. Louis' population has declined slightly since 2020
St. Louis City sees biggest fall
St. Louis has lost about 8,000 residents since 2020, a fall of about 0.3%, according to the latest county-level population estimates from the U.S. Census Bureau.
Steady demand and user-driven development keep medical office vacancies low across St. Louis
CoStar Group releases a new quarterly medical office report for major markets across the US
Over the past decade, the medical office market has emerged as a distinct asset class, diverging from traditional office market fundamentals. This trend has been true across the co...
Employment market cools in Kansas City, Missouri
Nonfarm payrolls decline in recent data
Kansas City’s labor market softened over the past year, with nonfarm payrolls declining by 4,900 jobs in April compared to last year, according to the latest data from the Bureau o...
St. Louis labor market cools
Office-occupying sectors turn the corner
The St. Louis labor market has cooled over the past year, with nonfarm payrolls declining by 7,600 jobs in April compared to last year, according to the latest data from the Bureau...
Small retail users have few options across St. Louis
Availability remains at all-time low
The St. Louis retail market faces near-record low availability rates, driven by dwindling options in smaller buildings.
Kansas City, Kansas, offers small retail users few options
Availability remains near an all-time low
Despite recent space givebacks from retailer store closures due to bankruptcies, the Kansas City, Kansas, retail market faces near-record low availability rates. This has been driv...
Indianapolis apartment vacancies remain stable during the first quarter
Higher-end properties see rising demand
During the first quarter of 2025, net absorption, or the difference between move-ins and move-outs, fell slightly from its level in the prior year to just over 1,000 units, represe...