CoStar: US retail asking rent growth slows to 1.6% in Q2 2026
Complete. Here is the key summaryCoStar data reveals U.S. retail asking rent growth decelerated to 1.6% year-over-year in Q2 2026, marking the slowest pace in over a decade. This normalization stems from softer consumer spending, high interest rates, and tenant cost pressures limiting landlord pricing power. While most major markets saw slower growth, several Sun Belt metros maintained stronger performance with annual gains of 3% to 6%. Lease rollovers continue to generate positive spreads in high-traffic areas.
- CoStar analysis shows U.S. retail asking rent growth slowed to 1.6% year over year in Q2 2026, the weakest pace in over a decade. * Deceleration framed as normalization, with softer consumer spending growth, elevated interest rates, tenant cost pressures limiting landlords’ pricing power. * Lease rollovers still generate sizable rent spreads in high-traffic corridors, with expiring rents often below current market levels despite some moderation since 2022-2024. * Most major markets posted slower growth, with several Sun Belt metros still among stronger performers at roughly 3% to 6% annual gains. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoStar Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260717599595) on July 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)