NIC | CARES BLOG
A place for connections, analysis, research, and education on seniors housing and care

Looking Below the Headline Numbers: Dynamic Occupancy Patterns

Its Local, local, local.  Seniors housing market fundamentals are not the same for all markets as local development and demand situations shape conditions.  In the first quarter of 2017, pronounced differences in occupancy rates could be seen by both property type and geography.  By property type at the national level, there was a 370 basis […]

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U.S. economy created 211,000 jobs in April 2017

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 210,000 positions in April, well above the consensus 190,000 estimate.  This followed gains of 79,000 in March, originally reported as 98,000 and 232,000 in February, originally reported as 219,000.  The weak March payroll increase appears to have been weather related.  Monthly revisions […]

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Six Key Takeaways from NIC’s First-Quarter Seniors Housing Data Release

This week, NIC MAP® Data Service clients attended a webinar on the seniors housing market trends during the first quarter of 2017.  Key takeaways included: Takeaway #1:  Occupancy Fell in the First Quarter The occupancy rate for seniors housing properties fell 30 basis points in the first quarter of 2017 to 89.3%, as net additions […]

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U.S. economy created 98,000 jobs in March 2017

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 98,000 positions in March, well below the consensus 180,000 estimate.  This followed gains of 219,000 in February and 216,000 in January.  Revisions to January and February preliminary estimates subtracted 38,000 jobs from what was initially reported.  Monthly revisions result from additional reports […]

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