Office

Driven by stricter RTO mandates and a stabilizing "new normal," November 2025 marked the strongest November office occupancy rates we have seen since 2019.

The October 2025 Placer.ai Office Index shows continued RTO momentum, with visits just 30.8% below 2019 levels. Miami and New York lead recovery, while San Francisco posts major YoY gains. Yet hybrid habits persist - Friday remains a quiet day, signaling an evolving workweek balance.

The September 2025 Placer.ai Office Index reveals a nationwide office rebound, with visits just 26.3% below 2019 levels. Miami and New York lead recovery, while San Francisco posts a 19% YoY surge amid renewed RTO mandates and AI-driven corporate growth.

Placer.ai’s August 2025 Office Index shows visits down 34% vs 2019, with seasonal shifts masking steady recovery trends.

In July 2025, office visits were at their highest point since the pandemic, down just 21.8% from 2019. NYC and Miami effectively closed their pre-COVID visit gaps, marking a potential RTO tipping point. San Francisco also showed a remarkable 21.6% YoY growth, signaling a significant turnaround.

Office visits in June 2025 showed meaningful recovery, nearing pre-COVID levels. Miami and New York led the RTO charge, outperforming the nation. Most cities saw gains, with few declines. These positive trends suggest a rebound as RTO mandates and hybrid strategies take effect.