CoStar Group Inc. has released a revised forecast for the U.S. office market, projecting that office vacancy rates will remain stable at 14.1% through the end of 2026, before gradually declining to near 13% by 2030. This marks a more optimistic long-term outlook compared to previous forecasts, which anticipated a continued rise in vacancy rates until late 2026 and levels remaining above 13% through the decade’s end. The updated projection reflects an expected stabilization in per-worker space needs and recovering tenant demand in the latter half of 2025. CoStar also anticipates that rent growth will remain steady but below 1% through 2026, with acceleration expected in early 2027 alongside a pickup in job growth. The company notes that occupancy gains in 2026 are now expected to be about 10 million square feet less than prior estimates, due to slower job growth.

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: 20260206213648) on February 06, 2026, and is solely responsible for the information contained therein.