Most apartment REITs also reported a boost in year -
over-year average occupancy in the second quarter, which typically hovered around 95 %.
Not exact matches
North America saw a below -
average decline of -3.3 per cent (year -
over-year), making the region the third weakest with falling
occupancy costs in 51 out of 77 markets.
In the fourth quarter of 2017, the national
occupancy rate — based on aggregated data from 31 markets —
averaged 88.8 percent, down 70 basis points year -
over-year, according to the National Investment Center for Seniors Housing & Care (NIC).
According to NIC's statistics, the
average occupancy rate for senior housing properties rose 0.3 percentage points quarter - over-quarter and 0.9 percentage points year -
over-year to 88.6 percent.