MARKET SNAPSHOT
Effective rent is projected to increase in 2026 by 1.5%. The shift reflects improving balance as supply pressure eases, which should allow operators to regain modest pricing power as the year progresses.
Deliveries are expected to fall by roughly 50% in 2026, which should ease lease-up competition and support improved stabilization across the broader market.
Occupancy is forecasted to edge higher again in 2026, signaling continued progress as the recent construction wave fades.
Charleston’s 2026 outlook is constructive and increasingly stable, driven by a clear tightening of the supply pipeline and improving operating leverage for landlords...
