Federal uncertainty, tenant shifts reshape DC's office landscape
Region's office market splits along suburban-urban divide
The Washington, D.C., office market is not moving in unison. The downtown Washington area, surrounding urban pockets and the suburbs are diverging in performance, shaped by tenant ...
Suburban winners and losers emerge in DC’s multifamily market
Ashburn surges ahead, while Spotsylvania and Fredericksburg slip
New data reveals a clear split between high-performing and lagging neighborhoods in the Washington, D.C., area’s multifamily market.
Northern Virginia’s multifamily market outperforms, while DC shows surprising rebound
Still, vacancy rates edge up across the region as rent growth cools sharply
Northern Virginia continues to set the pace for the Washington, D.C., region’s multifamily market, but the story is more nuanced than in previous years.
DC market in the first half of 2025: Office uncertainty, retail and data center resilience
Retail, data centers and population growth contrast against office weakness
The first half of 2025 was a study in contrasts for the Washington, D.C., commercial real estate market: Office leasing and investment remain cautious amid federal uncertainty, but...
Baltimore market in the first half of 2025: multifamily resilience and office reinvention
Population gains and adaptive reuse drive momentum amid office slowdown
Baltimore's commercial real estate market in the first half of 2025 reflects a city in transition, where population gains and multifamily demand are fueling optimism, while office ...
DC office move-outs surge as downsizings increase
Federal government layoffs, companies cutting space pose challenges in nation's capital
After seeing improvement over the last three quarters, the Washington, D.C., office market experienced a surge in move-outs as professional services firms, government contractor fi...
Baltimore's apartment vacancy rate splits along city and suburban lines
The region’s highest vacancy rates are in downtown neighborhoods
Baltimore’s apartment market is showing a clear divide: Vacancy rates are elevated in the city, where new construction is booming, while surrounding counties remain tighter and mor...
Uneven construction drives diverging multifamily vacancy rates in DC area
Northern Virginia, where development has been relatively limited, sports region's tightest markets
Northern Virginia is for multifamily lovers, at least when its vacancy rate is stacked up against rivals in suburban Maryland and Washington, D.C.
Tracking the turnaround: Where multifamily momentum is surging in the US
New CoStar index reveals top apartment markets making biggest strides in rent growth, occupancy, demand
Though some U.S. multifamily markets still face challenges from elevated supply pipelines and rising costs, the sector as a whole is finding a new equilibrium in mid-2025, with imp...
Newer office spaces in DC area are leasing quicker, while older spaces languish
Gap widens between how long space is on the market versus how long it takes to lease
If an office owner in the Washington, D.C., area has well-located and appealing space, it's getting leased relatively quickly. But if the space has been sitting on the market for m...
Quarterly multifamily sales volume hits lowest point in 12 years in DC area
After strong momentum in 2024, deals grind to a halt
Multifamily owners who want to sell properties are stuck in a climate that might not be bad enough to be called a perfect storm, but it is certainly no walk in the park.
Aging populace, shift to outpatient facilities fuel medical office demand in DC area
CoStar Group is releasing a new quarterly medical office report for major markets across the US
Medical office space continues to outpace demand for traditional office space in the Washington, D.C., area, as a growing population, high median incomes and an aging populace fuel...
Scarcity of premium office space poses challenge for DC market
Companies have few choices for new space over 50,000 square feet
The Washington, D.C., region lacks large, high-quality, well-located office space, and it's posing a challenge for businesses seeking to establish or expand their presence in the m...
Headquarters projects drive near-decade high of new office space in Baltimore
T. Rowe Price, Under Armour add more than 800,000 square feet to market
Led by headquarters openings, the Baltimore area saw its most office space completed in nearly a decade, and more than in the last six quarters combined, in the first quarter of 20...
International migration fuels Virginia’s strongest population growth in four years
Domestic migration is positive for first time since COVID-19
Virginia's population grew at its strongest rate in four years, with international migration driving the increase.
DC rent growth slows since inauguration
Greater Washington area still outperforms nation, however
After tracking each other closely for most of the last year, apartment rents in Washington, D.C., have been leveling off since the inauguration, while regional rent growth continue...
DC region, fueled by urban growth, is one of country's fastest-growing markets
DC proper saw largest population jump in greater Washington area
The Washington, D.C., area was one of the fastest-growing markets in the country last year as international immigration led to a spike in new residents, particularly in urban areas...
Baltimore City's population grows for first time in a decade
Entire region grew by over 11,000 residents in 2024, with turnaround most dramatic in Baltimore County
After suffering population losses in 2021 and 2022 and weak growth in 2023, the Baltimore region grew by over 11,300 residents in 2024 — with the city of Baltimore seeing positive ...
Multifamily, retail deals fuel $1 billion jump in Baltimore commercial real estate sales
Market records over $3 billion in deals in 2024
After experiencing its worst year for sales in nearly a decade, the Baltimore commercial real estate market bounced back in 2024 with a nearly $1 billion jump thanks largely to a s...
Data center construction dips further in DC area after hitting peak
Groundbreakings dropped significantly in late 2024
Despite the seemingly unending demand for data centers, the amount of data center space under construction in the Washington, D.C., area — home to the most prolific data center mar...