Seniors Housing Market Enters Growth Stage

The Canadian seniors housing market is in a phase of sustained growth, with occupancy rates reaching 91.5% in Q2 2025, nearly matching pre-pandemic levels. The sector is experiencing strong demand driven by demographic changes, despite challenges like elevated construction costs, constrained lending, and labor shortages. Cushman & Wakefield anticipates continued rent growth and record dealmaking in 2025, due to limited new supply and declining vacancies. Workforce availability remains a pivotal concern as the market continues to expand.