Multifamily rent growth in the Dallas-Fort Worth metropolitan area continued its downward trend in November, falling 0.4%, according to CoStar’s Daily Asking Rent series. This marks the 27th consecutive month of negative annual performance, with annual rent growth now at 1.6%, down 40 basis points from November 2024.
Washington, D.C.'s multifamily sector is entering 2026 with a mix of resilience and restraint. While fundamentals like occupancy remain stable, developers and investors are contending with persistent regulatory hurdles, a sharp slowdown in new construction and a cautious capital environment that is reshaping strategies across the region.
Sales of distressed commercial real estate in the United States reached $25.44 billion in the first three quarters of 2025, marking a 5% increase from the same time last year, according to CoStar data.
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 below 3%. Conversions and demolitions of properties have reduced retail inventory during the past decade, strengthening fundamentals. Since 2015, the total square footage of retail space in the market has declined by 240,000 square feet.
Since the end of 2022, Portland’s logistics market has experienced a significant increase in vacancy, rising from 3.6% at the end of that year to approximately 8.5% today, a level not seen since the Great Recession.
Office leasing has stabilized in the Cincinnati area over the past few quarters, though new-to-market deals are skewing smaller as companies look to reduce overhead and improve flexibility.
Seattle has consistently been one of the nation’s tightest retail markets over the past few years, with availability rates consistently in the low single digits. However, the region has also seen its availability rate rise from an all-time low of 2.7% about three years ago, to 4% today.
Phoenix apartment rents slipped another 0.4% in November, extending the market’s losing streak to 10 consecutive months. Asking rents are now down 3.2% year-to-date, double the 1.6% decline recorded during the same period in 2024.
Building just about anything in Apopka, Florida, is about to get a lot more expensive, and that could make an already tough development environment even harder for projects to pencil out.
Boise retail leasing has experienced a noticeable decline in volume during the third quarter of 2025, as evidenced by new lease data that excludes renewal deals — recently signed deals total just under 200,000 square feet of space, representing a 20% decrease from the pre-pandemic average.
Annual apartment rents in Savannah, Georgia, have fallen for the first time in 15 years, as landlords have been forced to lower rates to contend with the surge in new units.
The U.S. office market has taken a long time to find its bottom after the upheaval catalyzed by the COVID-19 pandemic. Though performance is still fragmented and risks abound, the second half of this year appears to have been the inflection point that started a new economic cycle.
The average asking rent at Phoenix retail properties rose 4.9% annually in the third quarter of 2025, the fifth-largest gain in the United States among major retail markets.
Industrial leasing in Charlotte, North Carolina, is on track to hit a nearly three-year high, though it's the market's largest properties that are largely benefiting from the increase.
Leasing activity in the East Bay industrial market posted a healthy increase in the third quarter of 2025, signaling a pause in the prolonged slowdown that began in 2023.
Hoteliers are seemingly on the naughty list this year, with the timing of both the Christmas and New Year's holidays hitting midweek and possibly discouraging travel.
East Bay multifamily rents edged down in November, signaling a pause in the recovery that began this year. After two years of negative growth, 2025 has largely been a story of stabilization, but the latest monthly data suggests that momentum is softening as the market adjusts to slower absorption and limited new deliveries.