For the reason that begin of the COVID-19 lockdown in March of 2020 and the change to distant work for many individuals, the share of workplace areas at present vacant in most metro areas throughout the USA has risen. Nonetheless, some metro areas have weathered the storm higher than others. In response to information from CoStar, out of the 139 metro areas measured, solely 25.18% have an workplace emptiness charge that’s at present decrease than what that they had earlier than the pandemic within the first quarter of 2020. As life is slowly returning to regular and extra folks commute again to the workplace, workplace emptiness charges are beginning to lower, albeit some are returning to decrease ranges than others.
The 5 metro areas with the bottom workplace emptiness charges are as follows:
- Huntington/Ashland, West Virginia-Kentucky-Ohio (1.95%)
- Wilmington, Delaware (2.14%)
- Savannah, Georgia (2.57%)
- Olympia, Washington (2.74%)
- Youngstown/Warren/Boardman, Ohio (2.92%)
The 5 metro areas with the best workplace emptiness charges are as follows:
- Houston, Texas (18.89%)
- Dallas/Fort Price, Texas (17.57%)
- San Francisco, California (15.45%)
- Washington, D.C. (15.20%)
- Chicago, Illinois (15.08%)
Over the previous 12 months, workplace occupancy positive aspects have been highest in Yakima, Washington, Fayetteville, North Carolina, and Bakersfield, California.
Beneath are all 139 metro areas CoStar measured, ranked so as from lowest emptiness charges to highest emptiness charges.