US office market rebounds, but risks persist, CoStar finds

The U.S. office market is rebounding faster than expected, with CoStar Group forecasting 10 million sq ft of positive absorption in 2026 and rent growth rising to 1.5% by mid-2027. Vacancy rates, however, will stay above 13.5% through 2030. Despite increased office attendance and demand, labor market uncertainty and structural changes, like reduced per-employee space, pose ongoing challenges.