NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  NIC MAP Vision  |  Senior Housing  |  occupancy

State of Senior Housing: The Trifecta Shaping the Occupancy Recovery

By: Omar Zahraoui  |  September 12, 2022

During four consecutive quarters of increasing occupancy, from 78.0% in the second quarter of 2021 to 81.4% in the second quarter of 2022, the NIC MAP® Primary Markets recovered about 37% of the senior housing occupancy lost during the pandemic, equivalent to 3.4 percentage points (pps) overall.

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