The U.S. will exhibit positive indicators in 2025 as Q4 2024 presented positive net office absorption for the first time since Q4 2021.
For three consecutive quarters, office leasing volume has established a new post-pandemic high, with Q4 2024 volume reflecting 92% of pre-pandemic averages.
Availability rates have declined for two consecutive quarters, giving reason for optimism that declines will continue through 2025.