Shoriful Chowdhury / Shutterstock.com America's office market is bound for another 20% decline in value next year, Capital Economics estimated. That's largely due to waning demand for offices as work-from-home remains popular. Analysts said it will likely take two decades or more before values regain their early-2020 peak. America's office market is still in the midst of a major correction, and office buildings still have another 20% price plunge ahead, according to Capital Economics. "Persistent weak growth and elevated (albeit soon-to-be-falling) interest rates continue to spell trouble for real estate values," the research firm said in a note on Friday.