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