What will be the US office vacancy rate for Q3 2024, according to Colliers?
Closed Oct 01, 2024 07:01AM UTC
Office vacancy rates in the US have reached historic highs as secular changes to business hastened by the COVID-19 pandemic continue to shake the commercial real estate market (CNN, Business Insider, Anadolu Agency). The question will be suspended on 30 September 2024 and the outcome determined using the US office vacancy rate as reported in the Colliers Q3 2024 Office Market Outlook report, expected in Q3 2023 (Colliers, Past Colliers Reports - File Download). For Q4 2023, Colliers reported an office vacancy rate of 16.9% (Colliers - US Office Market Report Q4 2023).
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The question closed "At least 17.5%, but less than 18.5%" with a closing date of 1 October 2024.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Lower than 15.0% | 0% | |
| At least 15.5%, but less than 16.5% | 0% | |
| At least 16.5%, but less than 17.5% | 19% | |
| At least 17.5%, but less than 18.5% | 69% | |
| 18.5% or higher | 12% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 28 |
| Average for questions older than 6 months: 187 | |
| Number of Forecasts | 106 |
| Average for questions older than 6 months: 542 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
