The U.S. seniors housing and care property sales market continued to remain active in the fourth quarter of 2015, although preliminary data shows dollar volume slowed significantly during the second half of the year.
Looking ahead, the expectation is that a reasonably strong national economy, favorable consumer confidence, and an improving housing market will support demand for seniors housing.
For December, the Labor Department reported that non-farm employment increased by a strong 292,000 positions, while the prior two months were upwardly revised by 50,000 jobs.
Seniors housing occupancy rates vary considerably across the nation, with a lot of discussion on new supply to the market.
At 211,000, November’s job gains are strong and make a December rate hike by the Fed likely