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Employment Cost Index Rises 3.5% Year-Over-Year in Q3, Slowest Growth Since Mid-2021

Quarterly wage and benefit increases moderate to 0.8 percent as labor market cooling reduces pressure on employers to raise compensation The cooling trend...

Hudson Pacific’s Seattle Gamble: Doubling Down as Others Flee

The struggling office REIT is buying out partners and restructuring debt on West Coast towers, betting on a tech recovery that hasn’t arrived...

Oregon’s Unemployment Surge Raises Red Flags for State Economy

Jobless rate jumps a full percentage point year-over-year, marking the largest increase in the nation Oregon’s labor market deteriorated significantly over the past...

Washington State Job Market Holds Steady Despite National Headwinds

State avoids major unemployment shifts as federal data disruption clouds economic picture Washington state’s labor market navigated September without significant turbulence, maintaining an...

Federal Reserve Cuts Rates to 3.5%–3.75% as Committee Signals Slower Pace of Easing Ahead

Central bank’s December quarter-point reduction draws three dissents as officials project the policy rate holding at 3.375 percent through 2026  The Federal Reserve...

Shorenstein CEO Sees ‘Generational Buying Opportunity’ in Office Market Recovery

Office Real Estate Stages a Comeback as Investors Return to Once-Shunned Sector After years of distress, the commercial office market is showing signs...

Seattle Condo Market Shows 2.9% Price Decline as High-Rise Values Buck Trend with 6.8% Gain

Tower properties command $972 per square foot while mid-rise and low-rise buildings experience year-over-year decreases Seattle’s condominium market demonstrates significant variation in performance...

Service Sector Expansion Sees Nine-Month High as ISM Index Reaches Fastest Pace Since April

Business activity and employment components show improvement while price pressures ease to 65.4 The service sector showed signs of strengthening in November, with...

Law Firms Push US Office Demand to New Highs, Driving 8.3MM SQFT of Leasing Through Q3 2025

Relocations surge to 50 percent, renewals dip to 53.9 percent, and the legal sector’s share of all office leasing reaches 10.5 percent U.S....

Oak Harbor Bets on Waterfront Transformation to Capture Seattle-Area Growth

Whidbey Island city envisions five-story mixed-use development as anchor for downtown revival amid expected 55 percent population surge The City of Oak Harbor...

Commercial Real Estate Poised for Steady Recovery in 2026, Says BGO Chief Economist

After years of turbulence, the sector eyes growth amid easier monetary policy and stabilizing fundamentals The commercial real estate market is positioned for...

CMBS Delinquencies Push to 7.46% Overall as Office Market Hits a Record 11.76%

All major property types see rising stress in October, with multifamily topping 7 percent for the first time since 2015 The latest readout...

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