Insights

Take a deep dive into our local market updates

Insights

Take a deep dive into our local market updates

Q4 2024 MarketBeat Report

January 08 2025 | Cushman Team

The unemployment rate in Greater Cincinnati increased on a year-over-year (YOY) basis to 4.0% as of Q4 2024. Local unemployment was slightly lower than the national rate of 4.2%.

Download Now

Q3 2024 MarketBeat Report

October 10 2024 | Cushman Team

Following a year of little to no change, the overall office vacancy rate in Greater Cincinnati increased to 26.0% in Q3 2024. On a YOY basis, overall vacancy increased by 70 basis points (bps), due mainly to vacancy growth in a select number of Class A buildings in the Central Business District (CBD). Of the […]

Download Now

Q2 2024 MarketBeat Report

July 15 2024 | Cushman Team

After significant increases between 2020 and mid-2023, the overall office vacancy rate in Greater Cincinnati has levelled off over the past year. In Q2 2024, the vacancy rate was 25.3%, which was virtually unchanged during the past four quarters. On a YOY basis, overall vacancy increased by 70 basis points (bps), due mainly to a […]

Download Now

Q1 2024 MarketBeat Report

April 10 2024 | Cushman Team

For the first time in six quarters, the overall office vacancy rate in the Greater Cincinnati market decreased on a quarter-by-quarter (QOQ) basis. In Q1 2024, the vacancy rate was 25.2%, which was a 100-basis point (bps) increase on a YOY basis, but a 20 bps decrease from the prior quarter. The YOY change was […]

Download Now

Q4 2023 MarketBeat Report

January 11 2024 | Cushman Team

The overall office vacancy rate in the Greater Cincinnati market has increased continuously for past five quarters, passing the 25.0% threshold in the process. In Q4 2023, the vacancy rate was 25.4%, which was a 300-basis point (bps) jump on a year-over-year (YOY) basis. The YOY change was due almost entirely to vacancy increases in […]

Download Now