Senior Housing Occupancy Increases 14 Consecutive Quarters

The senior housing industry recently continued the longest streak of occupancy rate gains ever observed.

Q4 2024 marked the 14th consecutive quarter where total senior housing occupancy rates increased. In addition, 10 of the last 14 quarters have exceeded 4,500 senior housing units absorbed, an absorption level only seen once prior to 2021. This exemplifies the vast demand for the senior housing product type, and the disparity between available and needed product.