Senior Housing News January 15, 2026
Andrew Christman

Rising demand and low rates of new construction are pushing average senior living occupancy up as the industry creeps ever-closer to a supply crisis down the road.

Occupancy across the 31 primary markets the National Investment Center for Seniors Housing and Care (NIC) tracks grew to 89.1% in the fourth quarter of 2025, representing a 0.4 percentage point increase compared to the third quarter of the year.

Average independent living average occupancy exceeded 90% and assisted living reached 87.7% in the fourth quarter of 2025. Active adult reached an average occupancy rate of about 92% in the fourth quarter.

The total number of occupied units increased from an estimated 630,000 in the third quarter of 2025 to nearly 635,000 in...

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