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
- Los Angeles
- San Francisco
Download the August edition and sign up to get the VODI every month.
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.