US Commercial Property Data Response US Metro Employment (Apr.) The ongoing jobs recovery continued in April, although employment remained below its pre-pandemic level in more than half the 30 metros covered. Those losers tend to be expensive coastal metros and... 1st June 2022 · 2 mins read
US Commercial Property Update Southern apartment rent growth unlikely to last forever Over our five-year forecast, we expect in-migration to the South will see apartment rents there outgrow the national average. But further ahead, the greater ability of supply to respond in the South... 12th May 2022 · 3 mins read
US Commercial Property Update Industrial demand returning to West Coast ports Congestion at the ports of Los Angeles and Long Beach forced some container ships to reroute to the less busy ports of the Gulf Coast, supporting industrial occupier demand in those markets. But we... 11th May 2022 · 3 mins read
US Commercial Property Data Response US Metro Employment (Mar.) The recovery in employment broadly continued in March. However, the laggards in the recovery still look many months away from previous peaks in terms of both total and office-based employment. At the... 27th April 2022 · 2 mins read
US Commercial Property Update Winning and losing office metros from hybrid work Structural changes to working patterns and the resultant shifts in office demand will vary by industry and job type. Occupations like life and physical sciences are likely to see a low adoption of... 13th April 2022 · 4 mins read
US Housing Market Outlook Apartment Metro Outlook Following a surge last year, rental growth at the national level is set to slow over the next couple of years as demand falls back and affordability constraints bite. Alongside a gradual rise in... 7th April 2022 · 11 mins read
US Commercial Property Data Response US Metro Employment (Feb.) The jobs recovery continued in February, for both total employment and office-based roles. But the divergence in performance of the last two years is persisting, reinforcing our view that many of the... 6th April 2022 · 3 mins read
US Commercial Property Outlook Office Metro Outlook (Q1 2022) We expect the best performing office markets over the next five years to be in Southern and Western metros, meaning that almost all the new additions to our forecast this quarter will outperform the... 31st March 2022 · 14 mins read
US Commercial Property Update Introducing our new metro employment forecasts Our new metro employment forecasts point to underperformance by the six major metros in the next five years, both in terms of total and office-type employment. In contrast, Austin, Dallas and Phoenix... 3rd March 2022 · 4 mins read
US Commercial Property Data Response US Metro Employment (Dec.) Progress in the labour market has been slow, with employment having recovered to pre-COVID levels in just four of the 30 metros. While Las Vegas and Orlando have seen decent job growth in recent... 2nd February 2022 · 2 mins read
US Commercial Property Update Are migration trends also driving industrial? Data show a vast divergence in performance across the industrial sector over the last year. While some of the strength is consistent with that in the apartment and office sectors, driven by migration... 23rd November 2021 · 3 mins read
US Commercial Property Update Bank on South Florida for office rental growth The faster-than-average recovery in financial sector employment in the Miami metro owes much to new office openings by banking and finance firms in the last 18 months. This has made Miami one of the... 8th November 2021 · 3 mins read
US Commercial Property Update Downtown offices not losing out everywhere National office data suggest that suburban office markets have significantly outperformed downtown offices since the onset of the pandemic. But metro-level data point to a more nuanced picture in... 18th October 2021 · 3 mins read
US Housing Market Outlook Major Apartment Markets Outlook (Q3 2021) The apartment market is set for a stellar year. The reopening of cities is bringing vacancy rates down and pushing rents up, and strong investor demand has led to a sharp fall in yields. We expect... 1st October 2021 · 8 mins read
US Commercial Property Data Response US Metro Employment (Aug.) Delta variant fears resulted in leisure and hospitality employment falling in 12 of the 30 metros. Of these, Atlanta, Austin, Charlotte and Dallas were the worst hit. Leisure and hospitality... 29th September 2021 · 3 mins read
US Commercial Property Focus Which apartment markets will benefit most from remote work? We think that for the extra one million footloose American workers created by the pandemic, the cost of living has become far more important to their decision of where to live than in the past, while... 28th September 2021 · 18 mins read
