Back to today’s briefing

Story perspectives

U.S. Office Market Stabilizes as Demand and Absorption Rise

4/7/2026

42 9 Full Breakdown

Summary

Story summary

The U.S. office market stabilizes as demand improves.
Vacancy declines are seen in 46 of 92 tracked markets, while new office supply remains at multi-decade lows.
New York, San Francisco, and Orange County lead the recovery with strong absorption.
Sublease space has fallen 25 percent from its peak.
Fifty-seven markets posted positive absorption over the past year.

1 of 1

Story summary

The U.S. office market stabilizes as demand improves.
Vacancy declines are seen in 46 of 92 tracked markets, while new office supply remains at multi-decade lows.
New York, San Francisco, and Orange County lead the recovery with strong absorption.
Sublease space has fallen 25 percent from its peak.
Fifty-seven markets posted positive absorption over the past year.