The U.S. office market maintained its vigor in 2017. Occupancy remains at peak levels and rents are holding firm. The national office vacancy rate has been virtually static for eight successive quarters. Construction remains elevated, but deliveries look to have peaked. Absorption and sales volume were down over the year but there is no immediate sign of a market correction.

Key takeaways from this report include:

View the full Q4 2017 U.S. Office Market Outlook Report.