CoStar Group released its review in retail, multifamily, hospitality and office for the third quarter of 2023. While not all have been bad, it was a tough period for each of these property types. The list doesn't include all, like industrial, but each company has its own focus and data. The hope is that by bringing different sources together, a more accurate view might be possible.

Here are some of the numbers for retail.

The bad news is that retail leasing has "steadily declined" through the year. Even as activity with deals signed near the end of the quarter will likely rise in retrospect, CoStar still expects that Q3 will have been the worst performing for retail since 2020. So far, 176.9 million square feet have been leased since the beginning of the year, but that's 16.5% down compared to the 211.9 million square feet in the same period during 2022. As always, it's necessary to remember that 2021 and 2022 were very hot years that set high benchmarks.