Multifamily groundbreakings take hit in Baltimore but not as bad as in US overall
Construction starts are almost at 10-year average
Though multifamily groundbreakings are down in the Baltimore area, the market has been relatively stable compared to the country overall.
After big drop last year, multifamily sales volume bounces back in DC, Northern Virginia
Suburban Maryland, however, is still seeing declining sales
After a significant drop in multifamily sales volume last year in the Washington, D.C., region, sales are back on the upswing thanks largely to a spike in deals in the District.
Adding retail space is paying off for DC-area multifamily developers
Mixed-use developments have increased over last decade
Multifamily developers in the Washington area are looking to raise the value of their projects by incorporating more retail space to capitalize on renter demand for better access t...
Northern Virginia remains top pick for DC-area multifamily investors, renters
With low vacancy rates and high annual rent growth, these areas lead the Washington market
Multifamily key indicators are still strong in the Washington, D.C., area, with Northern Virginia continuing to outperform the rest of the region.
Data center construction on track for record year in Northern Virginia
New supply completely transformed the market in the past decade
The Washington, D.C. region, especially Northern Virginia, is experiencing a seemingly endless wave of data center construction. Over the past decade, the region has transformed dr...
Vacancy spike in DC-area industrial market may be approaching peak
Flex and specialized space vacancy rates are plateauing
The Washington area's industrial vacancy rate has increased over the past two years, reflecting a challenging landscape for property owners with available space. However, recent tr...
Improved leasing gives Baltimore's retail market a bump
Second consecutive quarter of positive absorption helps stabilize sector
Retail demand is picking up in the Baltimore region after the market saw its second consecutive quarter where the amount of space occupied outpaced the amount of space vacated, als...
As flight to quality continues, where can tenants look for office space in DC area?
Fewer high-end buildings are available for tenants in nation's capital
Tenants seeking the best space typically look at five-star properties, as these buildings are often new, have the most desired locations and feature state-of-the-art amenities and ...
DC's population gains come from northern states, those living abroad
Virginia and Maryland continue to see in-migration from Washington
While Washington, D.C., has yet to regain all the population lost due to the pandemic, the city did grow between 2022 and 2023 primarily due to natural births and people moving fro...
Multifamily groundbreakings level off in DC region
Limited construction could allow vacancy to recover faster
After a wave of new projects, multifamily groundbreakings in the Washington, D.C., area hit their lowest point in over a decade as interest rate hikes made developments more expens...
The multifamily market is looking up in and around downtown Baltimore
Core neighborhoods are booming with new construction
The neighborhoods flanking the Inner Harbor in Baltimore have seen tremendous growth in the last 10 years, and this trend is set to continue.
Opportunities exist for DC-area office investors if you know where to look
Medical office, well-leased multitenant buildings prolific in DC area
The latest interest rate cut by the Federal Reserve likely won't cure the Washington area's office market. Even with lower interest rates, there are too many challenges with demand...
Real estate deals rise in Baltimore area heading into fourth quarter
Office sales fall to lowest level since 2000
Commercial real estate sales in the Baltimore area have ticked up year to date after the market hit its lowest sales volume total in over a decade in 2023.
Employment up year over year in DC area
Office employment continues to lag
Total nonfarm employment is up year over year in the Washington, D.C., area, with government agencies at both the state and local levels driving employment growth in the market.
Multifamily construction continues drop from record highs in DC region
Slowdown to lead to fewer new apartments in 2025 and 2026
Apartment construction is projected to fall for the fifth consecutive quarter as the Washington, D.C., area enters the tail end of one of the largest apartment inventory expansions...
Here’s what retail is being built in the DC region
Most new properties are smaller, preleased buildings
Retail construction in the Washington, D.C., area has dipped as higher interest rates, elevated construction costs and labor shortages have combined to make it difficult to get any...
Here Are the Types of Retail Projects Being Built in Baltimore
Most New Properties Are Preleased Smaller Buildings
Retail construction in the Baltimore region is down significantly as higher interest rates, elevated construction costs and labor shortages have combined to make it difficult to ge...
Population of Greater DC Shifts to Farther Out Suburbs
Migration Data for the Region Shows Losses in the District
Residents in the Washington, D.C., area are moving out of denser, close-in locations to farther out locations, according to newly released migration data from the Internal Revenue ...
Big Changes Are Coming to This Northern Virginia Multifamily Market
Over 800 Units Are Under Construction in Dulles Greenway
A group of neighborhoods near Dulles International Airport in Northern Virginia now collectively has the most multifamily construction relative to its total existing units out of a...
Northern Virginia Leads DC Area in Multifamily Rent Growth
Areas With Lowest Completions Have Strongest Growth
Northern Virginia is dominating the Washington, D.C., area in terms of multifamily rent growth.