NEW MARKET DATA

Download the latest Office Demand Index Report (VODI) for a look into the most recent market-specific trends.

Elevate your investment & asset strategy. The VODI represents 99% of new demand for office space nationally and locally in the 7 gateway markets:

  • New York City
  • Washington DC
  • Chicago
  • Los Angeles
  • Boston
  • Seattle
  • San Francisco

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In the August 2022 VODI Report:

The VTS Office Demand Index fell 17.5 percent in July, the lowest reading since February 2021.

The July decline comes against a backdrop of economic uncertainty in the face of persistent inflation, rising interest rates, and concerns of a possible recession.

The VODI fell most sharply in cities with the largest share of office-using employment in the finance, insurance, and real estate (FIRE) sector.

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