Key Market Insights and Updates
Keeping you, your assignees, and your travelers ahead of the curve with the latest market updates, trends, and rates in key markets around the globe.
Rental Market Updates: Europe, North America
Temporary Accommodations Market Data: Visit our Dwellworks Living Resource Page
Europe - Rental Market Updates
At a Glance:
- YTD relocation activity is lower in most European markets as employers continue to navigate economic and geopolitical uncertainty.
- Competition for rental housing remains high across key destinations, with low vacancy, limited new construction, and strong local demand.
- Regional GDP growth for 2026 is still expected to be just above 1%, while higher energy and fuel costs are adding pressure in some markets.
- Tenant protection reforms continue to expand, with the Renters’ Rights Bill now law in the UK and similar changes already implemented in Ireland.
North America - Rental Market Updates
At a Glance:
- US rental conditions remain favorable in many markets, with stronger supply and more pricing concessions appearing across a large share of listings nationwide.
- Midwestern cities continue to attract relocation activity for their relative affordability, although prices are rising in several of these growing markets.
- NYC and the Bay Area remain tight, high-cost rental markets with continued inbound demand and limited supply.
- Canada is seeing better rental availability, with supply at its highest level in years and rent increases beginning to stabilize in major markets.
- Mexico City faces added pressure ahead of the World Cup, with continued demand and rising costs in key neighborhoods popular with corporate renters.
