Second Quarter 2024 Senior Housing Data
According to NIC Analytics, there were five takeaways that came from their second quarter senior housing data. In summary, these were:
#1 Occupancy Increased for the 12th Consecutive Quarter
#2 Occupied Units Continue Climbing to Record Highs
#3 Annual Inventory Growth Rate Remained Low
#4 Senior Housing Units Under Construction Least Since 2014
#5 Construction Activity Still Slow in Most Markets