MedCity News October 17, 2025
With life expectancy rising again post-pandemic, Americans increasingly are turning to senior communities.
It’s the biggest but least-known business comeback story of this century: Senior housing is suddenly booming.
Five years after being throttled by Covid lockdown, demand for senior housing soared to a record high this year. The number of occupied senior housing units has reached the highest level ever, with 625,800 at the end of the second quarter of 2025. Occupancy rates exceed 88 percent, a 13 percent increase since the depths of the pandemic.
Increasing demand for all types of senior housing is pushing prices upward, with rental rates for independent living communities rising 4.25 percent this year, to $4,402 per month, and a 4 percent...
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