CRE forecast for Western U.S. market

By AZRE

Kidder Mathews has released its 2026 Western U.S. Market Forecast, offering a comprehensive outlook on the economic conditions, structural shifts, and sector specific trends shaping commercial real estate. The forecast examines commercial real estate trends for office, industrial, retail, and multifamily sectors highlighting where fundamentals are stabilizing, where risks persist, and where new opportunities are beginning to emerge as the market moves into the next phase of the cycle. 

See overviews for each sector below and the full 2026 Western U.S. Market Forecast here

Economy OverviewThe U.S. economy enters 2026 on solid footing, supported by steady growth, moderating inflation, and resilient consumer fundamentals. While job growth is slowing, strong investment in artificial intelligence and improving productivity are expected to sustain economic expansion and reinforce overall stability in the year ahead. Read more.

Office OverviewThe office market is showing signs of gradual but uneven recovery, with leasing activity strengthening in select markets. Vacancy and sublease availability are beginning to trend downward, while limited new construction supports improving fundamentals as the sector moves toward greater balance in 2026. Read more.

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