U.S. office vacancy projections remain virtually unchanged in a revised forecast from CoStar.
After reaching a cyclical peak in mid-2025 before lowering slightly by the end of the year, the near-term U.S. office outlook now anticipates stable vacancy (14.1 percent) through the end of 2026, followed by a gradual decline that would bring the headline rate near 13 percent by 2030.
“The revised forecast outlook takes a somewhat more optimistic long-term view than the previous forecast, which called for a continued rise in vacancy until late 2026, remaining well above 13 percent through the end of the decade,” said Phil Mobley, national director of offi
