What will be the US office vacancy rate for the fourth quarter of 2022, according to Colliers?
Closed Jan 01, 2023 08:01AM UTC
Office vacancy rates increased sharply during 2020 as a result of the COVID-19 pandemic and new work-from-home dynamics (Flatland KC, NY Business Journal, Bloomberg). The outcome will be determined using the US office vacancy rate as reported in the Colliers Q4 2022 Office Market Outlook report, expected in February 2023 (Colliers). The rate for Q4 2019, before the pandemic, was 11.4%; the rate for Q2 2021, at question launch, was 14.7% (Colliers - Q4 2019, Colliers - Q2 2021).
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The question closed "Between 15.5% and 17.0%, inclusive" with a closing date of 1 January 2023.
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|Possible Answer||Correct?||Final Crowd Forecast|
|Lower than 12.5%||0%|
|Between 12.5% and 14.0%, inclusive||10%|
|Higher than 14.0% but lower than 15.5%||53%|
|Between 15.5% and 17.0%, inclusive||37%|
|Higher than 17.0%||0%|
Crowd Forecast Profile
|Number of Forecasters||54|
|Average for questions older than 6 months: 235|
|Number of Forecasts||402|
|Average for questions older than 6 months: 651|
|Participants in this question vs. all forecasters||average|