Graph and download economic data for Commercial Real Estate Prices for United States (COMREPUSQ159N) from Q1 2005 to Q3 2024 about real estate, commercial, rate, and USA.

Rental rates in the United States increased steadily since 2008. In 2023, the producer price index for gross rent in office buildings reached ***** index points. This means that between 2008 when the index value was set to 100 and 2023, gross office rents grew by about ** percent. Manhattan, San Francisco, and Boston are among the biggest and most expensive markets for office space in the United States.

Commercial rents services price index (CRSPI) by North American Industry Classification System (NAICS). Monthly data are available from January 2006 for the total index and from January 2019 for all other indexes. The table presents data for the most recent reference period and the last five periods. The base period for the index is (2019=100).

Rents for industrial real estate in the U.S. have increased since 2017, with flexible/service space reaching the highest price per square foot in 2024. In just a year, the cost of, flex/service space rose by nearly *****U.S. dollars per square foot. Manufacturing facilities, warehouses, and distribution centers had lower rents and experienced milder growth. Los Angeles, Orange County, and Inland Empire, California, are some of the most expensive markets in the country. Office real estate is pricier Industrial real estate is far from being the most expensive commercial property type. For instance, average rental rates in major U.S. metros for office space are much higher than those for industrial space. This is most likely because office units are generally located in urban areas where there is limited space and thus higher demand, whereas industrial units are more suited to the outskirts of such urban areas. Industrial units, such as warehouses or factories, require much more space because they need to house large, heavy equipment or serve as a storage unit for future shipments. Big-box distribution space is gaining in importance Warehouses and distribution may currently command the lowest average rent per square foot among industrial space types, but the growing popularity of the asset class has earned it considerable gains over the past years. In 2021 and 2022, high occupier demand and insufficient supply led to soaring taking rent of big-box buildings. During that time, the vacancy rate of distribution centers fell below ****percent. The development of industrial and logistics facilities has accelerated since then, with the new supply coming to market, causing the vacancy rate to increase and the pressures on rent to ease.

Commercial property prices in the U.S. plateaued in 2024 after declining in 2023. Between 2014 and 2021, commercial real estate prices nearly doubled, with the index reaching ***** index points. Following a slowdown in the market, the index declined, falling to ***** index points. Despite the correction, this indicated an increase of almost ** percent in prices since 2010, which was the baseline year for the index. How have prices of different property types developed over the past years? After more than a decade of uninterrupted growth, office real estate prices started to decline in 2022, reflecting a decline in occupier demand and a tougher lending environment. Industrial real estate prices, which have grown rapidly over the past few years, also experienced a correction in late 2022. Retail real estate prices displayed most resilience amid the difficult economic environment, with the equal weighed repeat sales index remaining stable. How much is invested in new commercial properties? The value of commercial real estate construction has been on the rise since 2010 in the United States. This trend mirrors the recovery seen across all economic sectors after the 2007-2009 recession. However, investment volumes in commercial property vary by type, with private office space, warehouses, and retails reading the pack.

The industrial real estate sector and West End offices are forecasted to see the highest annualized rental growth in the UK between 2025 and 2029, followed by city offices. According to the forecast, industrial real estate and West End office space rents are expected to grow by *** percent per year in this period, while city office space rents are expected to increase by *** percent. When it comes to total commercial real estate returns in the UK, the industrial and shopping center sectors are forecast to outperform all other property types.

Rent Inflation in the United States decreased to 3.90 percent in May from 4 percent in April of 2025. This dataset includes a chart with historical data for the United States Rent Inflation.

Taiwan Office Rent Listing Rate: Taipei City Grade A (TA) data was reported at 2,870.000 NTD/Ping in Mar 2018. This records an increase from the previous number of 2,868.000 NTD/Ping for Dec 2017. Taiwan Office Rent Listing Rate: Taipei City Grade A (TA) data is updated quarterly, averaging 2,753.000 NTD/Ping from Mar 2004 (Median) to Mar 2018, with 57 observations. The data reached an all-time high of 2,874.000 NTD/Ping in Sep 2017 and a record low of 2,000.000 NTD/Ping in Mar 2004. Taiwan Office Rent Listing Rate: Taipei City Grade A (TA) data remains active status in CEIC and is reported by Taiwan Real Estate Research Center. The data is categorized under Global Database’s Taiwan – Table TW.EB027: Office Rent Index and Vacancy Rate: Taiwan Real Estate Research Center, Cathay Real Estate Development Company Ltd.

The global commercial real estate (CRE) compliance tool market is projected to be appraised at US$ 27,792.2 million by 2034, up from US$ 11,214.5 million in 2024, advancing at a CAGR of 9.50% from 2024 to 2034.

Attributes	Key Insights
Market Size in 2024	US$ 11,214.5 million
Market Value in 2034	US$ 27,792.2 million
Value-based CAGR from 2024 to 2034	9.50%

2019 to 2023 Historical Analysis vs. 2024 to 2034 Market Forecast Projections

Historical CAGR (2019 to 2023)	6.40%
Forecasted CAGR (2024 to 2034)	9.50%

Country-wise Analysis

Countries	The Forecast CAGRs from 2024 to 2034
United States	6.4%
Germany	3.0%
Japan	2.3%
China	10%
Australia & New Zealand	13%

Category-wise Insights

Category	Market Share
Financial Compliance Tools	28.80%
Real Estate Developers	32.30%

Hong Kong HK: Property Rental Index: 1999=100: Office data was reported at 254.700 1999=100 in Oct 2018. This records an increase from the previous number of 254.400 1999=100 for Sep 2018. Hong Kong HK: Property Rental Index: 1999=100: Office data is updated monthly, averaging 152.000 1999=100 from Jan 1993 (Median) to Oct 2018, with 310 observations. The data reached an all-time high of 254.700 1999=100 in Oct 2018 and a record low of 71.600 1999=100 in Sep 2003. Hong Kong HK: Property Rental Index: 1999=100: Office data remains active status in CEIC and is reported by Rating and Valuation Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.EB052: Office: Rental Index.

Taiwan Commercial Property: Taipei City: Rent: USD: FN District data was reported at 18.800 USD/sq m in Jun 2018. This records an increase from the previous number of 18.600 USD/sq m for Mar 2018. Taiwan Commercial Property: Taipei City: Rent: USD: FN District data is updated quarterly, averaging 16.200 USD/sq m from Dec 2002 (Median) to Jun 2018, with 63 observations. The data reached an all-time high of 18.800 USD/sq m in Jun 2018 and a record low of 14.000 USD/sq m in Mar 2009. Taiwan Commercial Property: Taipei City: Rent: USD: FN District data remains active status in CEIC and is reported by Sinyi Realty Incorporation. The data is categorized under Global Database’s Taiwan – Table TW.EB026: Commercial Property Rent and Vacancy Rate: Taipei City: Sinyi Realty. FN: Fuxing - Nanjing

Taiwan Commercial Property: Taipei City: Rent: NTD: XWT District data was reported at 3,083.000 NTD/Ping in Sep 2018. This records an increase from the previous number of 2,998.000 NTD/Ping for Jun 2018. Taiwan Commercial Property: Taipei City: Rent: NTD: XWT District data is updated quarterly, averaging 2,553.000 NTD/Ping from Dec 2002 (Median) to Sep 2018, with 64 observations. The data reached an all-time high of 3,083.000 NTD/Ping in Sep 2018 and a record low of 1,745.000 NTD/Ping in Dec 2003. Taiwan Commercial Property: Taipei City: Rent: NTD: XWT District data remains active status in CEIC and is reported by Sinyi Realty Incorporation. The data is categorized under Global Database’s Taiwan – Table TW.EB026: Commercial Property Rent and Vacancy Rate: Taipei City: Sinyi Realty. XWT: Xinyi - World Trade Center

Vacancy rates across the office real estate sector in the U.S. increased in the first quarter of 2025. This was in line with a general trend of rising vacancies that started in 2020 during the COVID-19 pandemic. In the *** quarter of 2025, about **** percent of office space across the country was vacant. In some major U.S. markets, vacancies exceeded ** percent. With a considerable part of the workforce working from home or following a hybrid working model, businesses are cautious when it comes to upscaling or renewing leases. Workplaces may never be the same again The COVID-19 pandemic has changed the way that companies operate, with working from home has becoming the new normal for many U.S. employees. The function of the office has evolved from the primary workplace to a space where employees collaborate, exchange ideas, and socialize. That has shifted occupiers’ attention toward spaces with modern designs that can accommodate the office of the future. Many businesses used the pandemic time to revisit their office guidelines, remodel or do a full or partial fit-out. With so much focus on quality, older buildings with poorer design or energy performance are likely to suffer lower demand, resulting in a two-speed market. What do higher vacancy rates mean for investors? Simply put, if landlords do not have tenants, their income stream is disrupted, and they cannot service their debts. April 2023 data shows that several U.S. metros had a significantly high share of distressed office real estate debt. In Charlotte-Gastonia-Concord, NC-SC, more than one-third of the commercial mortgage-backed securities for offices were delinquent, in special servicing, or a combination of both. As of March 2025. offices had the highest delinquency rate in the commercial property sector.

Taiwan Commercial Property: Taipei City: Rent: NTD: Avg data was reported at 2,216.000 NTD/Ping in Sep 2018. This records an increase from the previous number of 2,185.000 NTD/Ping for Jun 2018. Taiwan Commercial Property: Taipei City: Rent: NTD: Avg data is updated quarterly, averaging 1,911.500 NTD/Ping from Dec 2002 (Median) to Sep 2018, with 64 observations. The data reached an all-time high of 2,216.000 NTD/Ping in Sep 2018 and a record low of 1,625.000 NTD/Ping in Sep 2004. Taiwan Commercial Property: Taipei City: Rent: NTD: Avg data remains active status in CEIC and is reported by Sinyi Realty Incorporation. The data is categorized under Global Database’s Taiwan – Table TW.EB026: Commercial Property Rent and Vacancy Rate: Taipei City: Sinyi Realty.

Net Lease Office Properties PE ratio as of June 24, 2025 is 6.79. Current and historical p/e ratio for Net Lease Office Properties (NLOP) from 2022 to 2025. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. Please refer to the Stock Price Adjustment Guide for more information on our historical prices.

Graph and download economic data for Rental Vacancy Rate for the United States (USRVAC) from 1986 to 2024 about vacancy, rent, rate, and USA.

The vacancy rate of office real estate in the United States was higher than of any other property type in 2025. In the first quarter of the year, approximately ** percent of office real estate was vacant, compared to **** percent of multifamily. Shopping centers and industrial property had the lowest vacancy rates, at *** percent and ***** percent, respectively.

Retail properties had the highest capitalization rates in the United States in 2023, followed by offices. The cap rate for office real estate was **** percent in the fourth quarter of the year and was forecast to rise further to **** percent in 2024. Cap rates measure the expected rate of return on investment, and show the net operating income of a property as a percentage share of the current asset value. While a higher cap rate indicates a higher rate of return, it also suggests a higher risk. Why have cap rates increased? The increase in cap rates is a consequence of a repricing in the commercial real estate sector. According to the National NCREIF Property Return Index, prices for commercial real estate declined across all property types in 2023. Rental growth was slow during the same period, resulting in a negative annual return. The increase in cap rates reflects the increased risk in the investment environment. Pricing uncertainty in the commercial real estate sector Between 2014 and 2021, commercial property prices in the U.S. enjoyed steady growth. Access to credit with low interest rates facilitated economic growth and real estate investment. As inflation surged in the following two years, lending policy tightened. That had a significant effect on the sector. First, it worsened sentiment among occupiers. Second, it led to a decline in demand for commercial spaces and commercial real estate investment volumes. Uncertainty about the future development of interest rates and occupier demand further contributed to the repricing of real estate assets.

The office rent index value in Singapore in the 4th quarter 2024 was 200. The index values represent the change of office rent price from the base year of 1998. By Q4 2024, the office rent index had increased by 100 percent compared to the base year.

Industrial multi-lets and industrial distribution properties had the lowest yields in the industrial real estate sector, amounting to 5.25 percent in February 2024. Conversely, yields were the highest for retail warehousing (restricted), at 6.25. Yield is an indicator for the expected return of a property investment and is calculated as the ratio of rental income and the property value. Several factors can drive yields - increased demand could raise property values, causing lower yields, while a fall in demand could create the opposite effect. Overall, yields expanded across all commercial property types in 2023.