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Supply in the residential for-sale market is scarce /672/washington-dc-2-15-18-scarce-residential-supply<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/residential-interior-modern-home.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/672/washington-dc-2-15-18-scarce-residential-supplySupply in the residential for-sale market is scarce ​Supply in the Mid-Atlantic residential for-sale market hit its lowest level of the decade and ended 2017 with 2.36 months of supply on the market, down 14.5% from the previous year.
DC emerging market office vacancy will drop below 10% and drive office rent growth in the near-term/673/washington-dc-2-12-18-vacancy-drives-office-rent-growth<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/abstract-modern-urban-architecture-abstract-background-jll.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/673/washington-dc-2-12-18-vacancy-drives-office-rent-growthDC emerging market office vacancy will drop below 10% and drive office rent growth in the near-term​The emerging Washington, DC office submarkets of Ballpark, NoMa, Market District and Southwest (including The Wharf) will capture more than 2.5 m.s.f. of occupancy gains through 2021, which will cause vacancy to decline from 12.6% to 9.8% and continue to place upward pressure on rents, which have risen above $50 p.s.f. FS for relet product and into the upper-$50s for new construction (outside of The Wharf).
Alternate modes of transportation are becoming increasingly popular among District residents/643/washington-dc-1-29-18-transportation-popularity<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/transportation-man-on-a-bicycle-with-red-bag-jll.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/643/washington-dc-1-29-18-transportation-popularityAlternate modes of transportation are becoming increasingly popular among District residents​​​An increasingly larger share of the District’s residents have demonstrated a preference to use alternate modes of transportation to commute to work over more traditional transportation modes such as driving, carpooling or teleworking.
After struggling to find consistent growth, air cargo traffic posted impressive gains in 2017/644/washington-dc-1-29-18-2-air-cargo<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/industrial-turbine-airplane.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/644/washington-dc-1-29-18-2-air-cargoAfter struggling to find consistent growth, air cargo traffic posted impressive gains in 2017​In a major change of long-term trends, air cargo traffic at the area’s major logistics hubs posted rapid growth in 2017.
Office investors across Metro DC are taking on greater leasing risk despite a challenging leasing market/626/washington-dc-1-22-18-office-investors<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/banking-currency-and-pen.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/626/washington-dc-1-22-18-office-investorsOffice investors across Metro DC are taking on greater leasing risk despite a challenging leasing market​In 2001, office assets in Metro DC traded hands with an average occupancy rate of 89% - the same as the occupancy rate of the broader market.
50% of 2018 multifamily deliveries are concentrated in DC emerging east and NoVA Silver Line submarkets/576/washington-dc-1-8-18-nova-multifamily-deliveries<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/residential-multifamily-modern.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/576/washington-dc-1-8-18-nova-multifamily-deliveries50% of 2018 multifamily deliveries are concentrated in DC emerging east and NoVA Silver Line submarkets​The Metro DC multifamily market added an average of 11,800 units annually from 2014 to 2017 and is projected to add 11,765 units in 2018.