“The total value of the short-term (vacation) rental market as a residential asset class will exceed that of the commercial real estate market by 2026, measured as total US market to total US market.”

Given dynamics around urban working populations and remote work trends post-pandemic, urban commercial real estate is declining in value. Couple that trend with the boom (measured by dollar value) in the vacation rental home market within coastal, mountain, lake, and resort areas this asset class is growing rapidly and will surpass total CRE value in the US by late 2026.