Market Fundamentals
Insights on Seniors Housing Key Indicators
NIC MAP Market Fundamentals are compiled from the current quarter NIC MAP data release that includes data from more than 15,000 seniors housing and care properties in 140 metro markets. NIC MAP Seniors Housing Market Fundamentals Data Report includes:
- Key findings
- Occupancy rates
- Annual rent growth
- Annual absorption
- Annual inventory growth
- Construction vs. inventory
- Rolling 4-quarter starts vs. inventory
NIC MAP clients may now access this timely new data, which includes three-month rolling data reported on a monthly basis in terms of stabilized occupancy, all occupancy and inventory at the metro level. To give you some insight, NIC MAP Vision is pleased to offer you an up-to-date Market Fundamentals Data Report for complimentary download.
Market Fundamentals 1Q21 – Seniors Housing
| 4Q20 | 1Q21 | |
| Occupancy | 80.6% | 78.8% |
| Annual Rent Growth | 1.6% | 0.9% |
| Annual Absorption | -5.5% | -7.4% |
| Annual Inventory Growth | 2.9% | 2.8% |
| Construction vs. Inventory | 5.6% | 4.9% |