The Seattle metropolitan area has seen a pullback in new housing permits issued in 2025, foreshadowing a pending drop in completions that will likely lead to upward pressure on rents.
The retail sector in Hartford, Connecticut, has recently seen mixed occupancy performance among buildings of different sizes. Only two size ranges, buildings between 2,500 and 4,999 square feet and those 25,000 square feet and higher, saw availability increase over the past year.
The retail market in Stamford, Connecticut, has been mostly insulated from availability increases due to major store closures that have swept across the country in the past 12 months.
Overall sales of industrial properties nationally have recovered by almost 20% from the low point in 2024. Even so, the annualized number of logistics property sales through the second quarter of 2025 remains 17% below the sales activity levels seen between 2015 and 2019.
Sacramento’s retail market has held steady in 2025, even as retail closures have rippled across the nation. Joann, Forever 21 and Kohl’s are among the brands that have announced closures in the region.
Space availability in Orange County’s office market declined in the first half of 2025, continuing a trend that has extended beyond two years. Total availability has fallen from a pandemic-driven peak near 17% in 2023 toward 15%, returning to early 2021 levels but still above its pre-pandemic rate of 12%.
Industrial tenant occupancy in California's Inland Empire contracted significantly in the second quarter of 2025 following two quarters of expansion. Net absorption registered negative for the fifth quarter out of nine.
U.S. Transportation Security Administration passenger data popped this July Fourth holiday period while U.S. hotel industry performance fizzled out compared to last year's results.
Hotel sales in the five-largest hotel markets in the Midwest have increased, trading at a faster pace than in the previous year. Through the first five months of 2024, hotel sales amounted to $348.5 million; through the same period in 2025, that figure rose to $381.2 million, or an uptick of 9.4%.
As in many other real estate markets, the past five years for San Jose, California, multifamily have been volatile, with most demand and supply metrics swinging from high to low and back again.
In a sign of shifting market dynamics, hotel brand conversions in several major U.S. markets far outpaced their long-term averages in 2024. A review of the top 25 U.S. hotel markets indicates a wave of brand repositioning fueled by changing demand patterns, aging stock and rebranding strategies.
As of the third quarter of 2025, Salt Lake City's industrial vacancy rate, 7.8%, is nearly triple what it was three years ago, as a wave of new supply has overshadowed strong demand.
In the second quarter of 2025, the total transaction volume of U.S. hotel assets topped $3.7 billion, a significant step down from the over $6 billion of assets that traded hands a year prior.
The second quarter marked the first time in over a year that vacancy in Sacramento’s industrial market fell quarter over quarter. It reached the midway point of 2025 at 6.6% with a 10 basis-point drop.
In just 18 months, the headline vacancy rate in downtown Houston’s apartment market has compressed by 600 basis points thanks to robust demand and a pullback in new supply.
Office leasing activity edged higher in the first half of the year, though overall leasing volume remains stubbornly below its typical level from the late 2010s. While a few markets appear to be in full-blown recovery, others are still off the pace, hampered by both tepid demand and the absence of large blocks of available premium space.
U.S. hotel openings jumped year over year in the first half of 2025, though a slowdown could be on the horizon as higher interest rates, tighter lending standards and escalating construction costs have curbed new projects.