Back to business: U.S. office busyness continues to grow

According to Avison Young’s Office Busyness Index, offices across the U.S. have seen year-over-year increases in busyness annually since September 2020.
From 2020 to 2021, U.S. office busyness in September has grown by 75.2%. From 2020 to 2024, it has grown by 228.5%.
Several key markets outpaced the U.S. average year-over-year growth of 5.9% in September 2024, with Los Angeles, Manhattan, Dallas–Fort Worth, Chicago, and Atlanta all exceeding 7%.
Heading into the fourth quarter, occupiers continue to foster greater confidence in making leasing commitments as office busyness stabilizes.

November 4, 2024