U.S. Retail Asking Rent Growth Slowed in the Second Quarter of 2026
U.S. retail asking rent growth slowed in the second quarter of 2026, according to data from CoStar, the leading global provider of online real estate marketplaces, information and analytics in the property markets.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260717599595/en/ Rent growth has slowed to lowest level in over a decade
In Q2 2026, national asking rent growth decelerated to +1.6% year over year – the slowest pace in more than a decade.
“The slowdown in asking rent growth is less a sign of weakening demand than a function of normalization,” said Brandon Svec, national director of retail analytics at CoStar Group. "While retail fundamentals remain healthy by historical standards, softer consumer spending growth, elevated interest rates and greater tenant cost pressures have reduced landlords’ ability to push rents at the aggressive pace seen earlier in the cycle.”
