Intelligence Library · Global Real Estate Intelligence

Cushman & Wakefield

U.S. Retail MarketBeat Q4 2025

U.S. retail market fundamentals strengthened in Q4 2025 with net absorption reaching 3.4 million square feet—the strongest quarterly performance since Q4 2023—driven by discount retailers, grocery chains, and sporting goods stores backfilling vacant spaces, while the national vacancy rate finished at 5.7%, up 40 basis points from Q4 2024. Holiday sales grew 3.9%-4.2% year-over-year with 73% of purchases in physical stores, though new supply remained historically constrained at 10.2 million square feet for the full year, the lowest on record and 63% below the 2015-2019 average, while the under-construction pipeline of 12.7 million square feet represents the strongest level in five years with neighborhood centers driving 67% of activity.

RetailU.S. National

Posted 26 days ago·Published Dec 31, 2025Read

Northmarq

Dallas-Fort Worth Multifamily Sales Volume Strengthens to Close 2025

This is a market report published by Northmarq on December 31, 2025, covering multifamily sales activity in the Dallas-Fort Worth metropolitan area as the year closed. The report addresses the multifamily sector with geographic focus on Dallas-Fort Worth, Texas, and national context.

MultifamilyDallas-Ft. WorthTexas

Posted 26 days ago·Published Dec 31, 2025Read

Colliers

Austin Multifamily Market Report Q4 2025

This is a market report published by Colliers on December 31, 2025, covering the multifamily sector in Austin, Texas. The report presents data and analysis for the fourth quarter of 2025.

MultifamilyAustinTexas

Posted 26 days ago·Published Dec 31, 2025Read

Colliers

Houston Multifamily Market Report Q4 2025

This is a multifamily market report published by Colliers in December 2025 covering the Houston market in the fourth quarter of 2025.

MultifamilyHoustonTexas

Posted 26 days ago·Published Dec 31, 2025Read

Colliers

Dallas-Fort Worth Multifamily Market Report Q4 2025

This is a market report published by Colliers on December 31, 2025, covering the multifamily sector in the Dallas-Fort Worth area. The report presents fourth-quarter 2025 data and analysis for the residential rental market in this Texas metropolitan region.

MultifamilyDallas-Ft. WorthTexas

Posted 26 days ago·Published Dec 31, 2025Read

Cushman & Wakefield

U.S. Industrial MarketBeat Q4 2025

The U.S. industrial real estate market achieved 176.8 million square feet of annual net absorption in 2025, a 16.3% year-over-year improvement driven by strong demand from large users seeking modern automation-capable facilities, with inland markets led by Dallas/Fort Worth capturing significantly more demand than historically dominant port-proximate markets. Nationwide vacancy remained stable at 7.1% for three consecutive quarters, asking rent growth slowed to 1.5% year-over-year in Q4 (the lowest since Q1 2020), and industrial completions fell 35% to 280 million square feet—an eight-year low—as build-to-suit projects increased to 29% of deliveries while speculative supply moderated.

Industrial & LogisticsU.S. National

Posted 26 days ago·Published Dec 31, 2025Read

Cushman & Wakefield

U.S. Office MarketBeat Q4 2025

Cushman & Wakefield's Q4 2025 U.S. office market report shows that net absorption turned positive in the second half of 2025 with +2.5 million square feet recorded in the final six months, with positive absorption occurring in 50 U.S. markets for the full year. Overall vacancy finished at 20.5% (up 30 basis points year-over-year, the smallest annual increase in five-and-a-half years), Class A buildings drove demand momentum with +9.2 million square feet of absorption for the year, and the construction pipeline dropped to just 19.1 million square feet under construction—the lowest level in the 21st century.

OfficeU.S. National

Posted 26 days ago·Published Dec 31, 2025Read

Yardi Matrix

National Multifamily Market Report - October 2025

The October 2025 National Multifamily Market Report by Yardi Matrix documents declining advertised rents across the U.S. multifamily sector, with average asking rent falling $4 to $1,743 and year-over-year growth remaining flat at 0.5%, while multifamily absorption slowed to 110,000 units in Q3 compared to a 185,000-unit average in the first two quarters. Gateway and Midwestern markets showed strength with New York leading at 4.7% year-over-year rent growth, while Sun Belt and Western metros experienced declines, with Austin dropping 4.8%, and occupancy remained stable at 94.7% in September.

MultifamilyU.S. NationalUnited States

Posted 26 days ago·Published Oct 31, 2025Read

Yardi Matrix

National Multifamily Market Report - September 2025

The September 2025 National Multifamily Market Report from Yardi Matrix documents declining rental conditions across the U.S. multifamily sector, with average advertised asking rents falling $6 to $1,750 and 67 of the top 30 markets experiencing month-over-month rental decline. The report highlights year-over-year rent growth of only 0.6%, occupancy rates holding steady at 94.7%, weakness in supply-constrained Sun Belt markets like Denver and Austin, and projected declines in household formation that may moderate multifamily demand growth over the next decade.

MultifamilyU.S. NationalUnited States

Posted 26 days ago·Published Sep 30, 2025Read

Cushman & Wakefield

U.S. Office MarketBeat Q3 2025

Demand for high-quality office space is strengthening, with Class A net absorption turning positive at +3.0 million square feet on a four-quarter rolling basis in Q3 2025 for the first time in over three years, while office construction deliveries have declined sharply to 13.4 million square feet year-to-date—50% below the prior year and the lowest first three quarters since 2012. Overall U.S. office market net absorption was -4.3 million square feet in Q3 2025, though 46 of 92 tracked markets posted positive absorption, sublease availability declined 14.5% from its Q1 2024 peak, and the under-construction pipeline fell to 22.5 million square feet, representing just 0.4% of total office inventory and the lowest total in the 21st century.

OfficeU.S. National

Posted 26 days ago·Published Sep 30, 2025Read

Cushman & Wakefield

U.S. Retail MarketBeat Q3 2025

U.S. retail net absorption turned marginally positive at 323,000 square feet in Q3 2025, though year-to-date absorption registered -13.1 million square feet, putting 2025 on track for the first negative-demand year since 2020. The national vacancy rate held steady at 5.8% from Q2 to Q3 despite rising 50 basis points year-over-year, while asking rents averaged $25.01 per square foot with growth slowing to 1.7% annually as consumer demand softens amid tariff impacts, muted job growth, and increased reliance on wealthy household spending.

RetailU.S. National

Posted 26 days ago·Published Sep 30, 2025Read

Cushman & Wakefield

U.S. Industrial MarketBeat Q3 2025

U.S. industrial net absorption reached 45.1 million square feet in Q3 2025, up 30% quarter-over-quarter and 33% year-over-year, while national asking rents averaged $10.10 per square foot with year-over-year growth of 1.7%, and the national vacancy rate remained flat at 7.1% as new construction deliveries hit an eight-year low of 63.6 million square feet. Buildings constructed since 2020 have registered 196 million square feet of net growth year-to-date as occupiers continue a flight-to-quality trend consolidating operations into newer, high-utilization regional hubs.

Industrial & LogisticsU.S. National

Posted 26 days ago·Published Sep 30, 2025Read

Colliers

Greater Phoenix Multifamily Market Report Q3 2025

This is a market report published by Colliers in September 2025 covering the multifamily sector in the Greater Phoenix area.

MultifamilyPhoenixArizona

Posted 26 days ago·Published Sep 30, 2025Read

Cushman & Wakefield

U.S. Multifamily MarketBeat Q3 2025

In the third quarter of 2025, U.S. apartment net absorption reached 102,600 units—on track for the third strongest year since 2000—while asking rent growth slowed to 1.5% year-over-year as owners prioritized occupancy over rent increases amid economic uncertainty. The construction pipeline contracted significantly, with quarterly deliveries falling 27% year-over-year to 109,000 units, and units under construction declining to 454,371—the lowest level in a decade—signaling a meaningful slowdown in new supply with quarterly deliveries expected to remain under 100,000 going forward.

MultifamilyU.S. National

Posted 26 days ago·Published Sep 30, 2025Read

Northmarq

Multifamily Construction Pipeline in Dallas Shrinks to Near 10-Year Low

This is a market report published by Northmarq in September 2025 covering the multifamily sector in Dallas, examining the construction pipeline and its recent contraction to levels near a 10-year low.

MultifamilyDallas-Ft. WorthTexas

Posted 26 days ago·Published Sep 30, 2025Read

Yardi Matrix

National Multifamily Market Report - August 2025

The August 2025 National Multifamily Market Report from Yardi Matrix documents U.S. rental market trends showing average advertised asking rents declining $1 to $1,755 monthly but rising 0.7% year-over-year, with regional variation where Midwest and Northeast markets led growth while Sun Belt metros experienced rent declines. The report highlights that single-family build-to-rent homes reached a new record average rent of $2,208 in August, national occupancy remained stable at 94.7%, and over 400 pro-housing bills were introduced by legislators to address housing supply expansion.

MultifamilyU.S. NationalUnited States

Posted 26 days ago·Published Aug 31, 2025Read

Cushman & Wakefield

U.S. Multifamily MarketBeat Q1 2025

In Q1 2025, the U.S. multifamily sector absorbed 101,951 units with 2.0% year-over-year rent growth and a 9.0% national vacancy rate, as demand outpaced the 94,766 units delivered—the first time supply constraints have tightened since 2021. The construction pipeline contracted to 545,357 units under construction (34% lower than a year prior, returning to 2018 levels), with the South region accounting for 53% of net absorption led by Dallas/Fort Worth and Phoenix, while rent growth remained concentrated in the Northeast and Midwest markets despite widespread use of concessions suppressing effective rent gains.

MultifamilyU.S. National

Posted 26 days ago·Published Mar 31, 2025Read

Cushman & Wakefield

U.S. Retail MarketBeat Q1 2025

The first quarter of 2025 saw U.S. retail commercial real estate experience negative net absorption of 5.9 million square feet, the weakest quarter since the pandemic onset, with the national vacancy rate rising 20 basis points to 5.5% as tariff-driven cost pressures and consumer uncertainty dampened leasing demand. Asking rents for shopping center space averaged $24.76 per square foot, representing a 2.3% year-over-year increase but a significant slowdown from early 2024 growth rates above 4.0%, with the market expected to see vacancy rates rise to 6.0-6.5% by early 2026 absent recession conditions.

RetailU.S. National

Posted 26 days ago·Published Mar 31, 2025Read

Cushman & Wakefield

U.S. Office MarketBeat Q1 2025

Cushman & Wakefield's Q1 2025 U.S. office market report shows that while net absorption was negative at -10.5 million square feet in the quarter, the four-quarter rolling absorption total reached -35 million square feet, representing a 30% improvement quarter-over-quarter and 48% improvement year-over-year, with positive absorption recorded in one-third of U.S. markets. The report emphasizes that office vacancy remains unequally distributed at 20.8% nationally, with over half of office buildings maintaining single-digit vacancy rates, while Class A properties showed stronger absorption improvements of 36% quarterly and 55% annually, and supply pressures continued easing as sublease inventory declined 9.5% year-over-year and the construction pipeline contracted to 26.2 million square feet, its lowest quarterly delivery total in over 12 years.

OfficeU.S. National

Posted 26 days ago·Published Mar 31, 2025Read

Cushman & Wakefield

U.S. Multifamily MarketBeat Q4 2024

The Cushman & Wakefield U.S. Multifamily MarketBeat Q4 2024 report analyzes apartment market fundamentals across 90 tracked markets, finding that 2024 delivered record absorption of over 436,000 units—72% above 2023 and 56% above the 2017-2019 average—yet vacancy rates still climbed to 8.9% nationally due to delivery of more than 530,000 new units. Construction activity has declined 40% from peak levels with only 230,000 new starts in 2024 (the lowest since 2012), positioning the market for tighter supply conditions over the next three to four years as most apartments scheduled for 2028 delivery have already broken ground.

MultifamilyU.S. National

Posted 26 days ago·Published Dec 31, 2024Read

Colliers

Austin Multifamily Market Report Q4 2024

This is a quarterly market report published by Colliers on December 31, 2024, covering the multifamily sector in Austin, Texas. The report provides market analysis and data for the fourth quarter of 2024.

MultifamilyAustinTexas

Posted 26 days ago·Published Dec 31, 2024Read

Cushman & Wakefield

U.S. Industrial MarketBeat Q4 2024

The U.S. industrial market absorbed 135 million square feet of space in 2024, with fourth-quarter net absorption of 36.8 million square feet up 10.5% quarter-over-quarter, while construction deliveries decelerated to 85.3 million square feet in Q4—the softest quarter since mid-2021—with 78% of annual completions being speculative. Overall vacancy rose to 6.7% in the fourth quarter, increasing by 20 basis points and marking the slowest quarterly gain since late 2022, suggesting the market may approach peak vacancy in the first half of 2025.

Industrial & LogisticsU.S. National

Posted 26 days ago·Published Dec 31, 2024Read

JLL

Chicago Industrial Market Dynamics Q1 2026

This is a quarterly market report published by JLL on March 31, 2026, covering industrial real estate dynamics in the Chicago market during the first quarter of 2026. The report includes geographic focus on Chicago and Illinois with reference to national context.

Industrial & LogisticsChicagoIllinois