CoStar sees U.S. office vacancy steady through 2026, then easing gradually

PUBT · 2d ago
CoStar sees U.S. office vacancy steady through 2026, then easing gradually
  • CoStar forecast U.S. office vacancy to hold near current levels through 2026, then begin a gradual decline.
  • National office vacancy dipped below 14% in Q2 2026, about 30 basis points under the mid-2025 peak.
  • Net absorption forecast cut to 13 million square feet in 2026, down from 17 million; 2027 cut to 5 million from 6 million.
  • U.S. office inventory fell 7 million square feet over the past year on low deliveries, rising demolitions; pipeline near 50 million square feet.
  • Downside risks tied to productivity gains in knowledge work, including AI adoption; upside risk from higher space per worker despite flat hiring.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoStar Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260807085309) on August 07, 2026, and is solely responsible for the information contained therein.