Market rankings

50 markets ranked on macroeconomic fundamentals, weighted for office. Every score breaks out to its components.

Asset classIndustrial Office Retail Multifamily Land Residential

Market tierAll50Primary50Secondary0Tertiary0

Only 50 of 196 markets have office-specific readings. The rest are scored on macro data alone and show it in the Data column.

Rank	Market	Macro	Class	Your read	Score	Direction
1	Boston, MAprimary	+0.01	+1.00	—	+0.54	Expanding
2	Salt Lake City, UTprimary	+0.41	+0.32	—	+0.36	Expanding
3	Raleigh, NCprimary	+0.30	+0.38	—	+0.35	Expanding
4	Austin, TXprimary	+0.23	+0.40	—	+0.32	Expanding
5	Nashville, TNprimary	+0.12	+0.23	—	+0.18	Flat
6	Dallas, TXprimary	+0.23	+0.07	—	+0.14	Flat
7	New York, NYprimary	−0.02	+0.27	—	+0.13	Flat
8	Phoenix, AZprimary	−0.16	+0.38	—	+0.13	Flat
9	Providence, RIprimary	+0.06	+0.19	—	+0.13	Flat
10	Orlando, FLprimary	+0.24	−0.01	—	+0.11	Flat
11	Charlotte, NCprimary	+0.10	+0.10	—	+0.10	Flat
12	Philadelphia, PAprimary	+0.16	+0.01	—	+0.08	Flat
13	Seattle, WAprimary	+0.09	+0.03	—	+0.06	Flat
14	Las Vegas, NVprimary	+0.02	+0.06	—	+0.04	Flat
15	Cleveland, OHprimary	−0.04	+0.09	—	+0.03	Flat
16	San Antonio, TXprimary	−0.01	+0.01	—	−0.00	Flat
17	Houston, TXprimary	+0.08	−0.08	—	−0.01	Flat
18	Cincinnati, OHprimary	+0.15	−0.18	—	−0.03	Flat
19	San Juan, PRprimary	—	−0.06	—	−0.06	Flat
20	Atlanta, GAprimary	+0.12	−0.22	—	−0.06	Flat
21	Tampa, FLprimary	+0.10	−0.21	—	−0.06	Flat
22	Miami, FLprimary	+0.15	−0.26	—	−0.07	Flat
23	Baltimore, MDprimary	+0.11	−0.23	—	−0.07	Flat
24	Milwaukee, WIprimary	−0.05	−0.12	—	−0.09	Flat
25	St. Louis, MOprimary	−0.03	−0.19	—	−0.11	Flat
26	Pittsburgh, PAprimary	+0.03	−0.24	—	−0.11	Flat
27	San Jose, CAprimary	−0.19	−0.12	—	−0.15	Flat
28	Fresno, CAprimary	+0.06	−0.39	—	−0.18	Flat
29	Kansas City, MOprimary	+0.08	−0.45	—	−0.20	Flat
30	San Diego, CAprimary	+0.01	−0.40	—	−0.21	Flat
31	Oklahoma City, OKprimary	−0.11	−0.30	—	−0.21	Flat
32	Jacksonville, FLprimary	−0.12	−0.29	—	−0.21	Flat
33	Minneapolis, MNprimary	−0.20	−0.23	—	−0.21	Flat
34	Birmingham, ALprimary	−0.12	−0.33	—	−0.23	Flat
35	Detroit, MIprimary	−0.13	−0.33	—	−0.24	Flat
36	Chicago, ILprimary	−0.28	−0.22	—	−0.25	Flat
37	Los Angeles, CAprimary	−0.23	−0.28	—	−0.25	Contracting
38	San Francisco, CAprimary	−0.09	−0.43	—	−0.27	Contracting
39	Buffalo, NYprimary	−0.12	−0.44	—	−0.29	Contracting
40	Virginia Beach, VAprimary	−0.18	−0.39	—	−0.29	Contracting
41	Denver, COprimary	−0.27	−0.35	—	−0.31	Contracting
42	Columbus, OHprimary	−0.10	−0.51	—	−0.32	Contracting
43	Richmond, VAprimary	−0.30	−0.44	—	−0.37	Contracting
44	Louisville/Jefferson County, KYprimary	−0.22	−0.63	—	−0.44	Contracting
45	Sacramento, CAprimary	−0.37	−0.55	—	−0.46	Contracting
46	Washington, DCprimary	−0.40	−0.53	—	−0.47	Contracting
47	Indianapolis, INprimary	−0.33	−0.59	—	−0.47	Contracting
48	Portland, ORprimary	−0.38	−0.57	—	−0.49	Contracting
49	Memphis, TNprimary	−0.33	−0.70	—	−0.53	Contracting
50	Riverside, CAprimary	−0.13	−0.93	—	−0.56	Contracting

Expanding score at or above +0.25Flat betweenContracting at or below −0.25Data = share of this class’s inputs actually present

Weights for office: 35% macro, 40% class-specific, 25% your read. Data as of 2026-09-02.

146 further markets (50 secondary, 96 tertiary) have no readings loaded yet and are not listed. They are not markets that scored badly — nothing has been measured for them.

Rankings are computed from public government data and, where a firm has written one, that firm’s own read of the market. They are an automated indicator, not an appraisal, not investment advice, and not a substitute for underwriting a specific property. Every input and weight is shown so the number can be checked.