Continued RTO rates and solid overall economic growth point to recovery.

Higher-quality buildings captured a larger share of office leasing activity.

The South is home to nearly half of the 30 most popular rental markets.

Office quality matters most in CBDs, while suburban markets prioritize value.

Multifamily demand is up 50% from last year.

Construction completions are expected to fall over the next few quarters.

Vacancy fell this year and asking rents increased despite a robust pipeline of deliveries.

He also discussed the state of investment going into 2025.