U.S. office vacancy dips as recovery spreads to more markets

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Go back to U.S. office vacancy dips as recovery spreads to more markets

Cushman & Wakefield: U.S. Office Recovery Broadens as Vacancy Declines Across More Than Half of U.S. Markets

July 17, 2026 8:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Cushman & Wakefield (NYSE: CWK), a leading global commercial real estate services firm, today released its Q2 2026 U.S. Office Marketbeat, showing the strongest evidence yet that the office recovery is broadening across the country. National vacancy declined year-over-year for the second quarter in a row, demand reached its highest level in six years on a four-quarter rolling basis and improving fundamentals extended across more than half of the 92 U.S. office markets tracked by the firm.

Although net absorption totaled a modest negative 360,000 square feet (sf) during the... More