Canadian Senior Housing Market Sees Surging Transactions and High Occupancy
1 report, 1 independent
Updated Sep 23
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What happened
A new report from Cushman & Wakefield covering the Canadian senior housing market found that transaction and investment activity is surging. Stakeholders completed $8 billion in Canadian senior housing and care property transactions so far in 2026, which is significantly higher than the $4.9 billion recorded in 2007. National occupancy reached an average of 94%, with providers planning rent increases of 4% to 7% next year.
Why it matters
The Canadian senior housing market is experiencing strong growth, with operators aiming to reach 95% occupancy by the end of 2026. The report notes that above-trend rent growth is expected to remain a defining characteristic of senior living in Canada.
Who's involved
- Cushman & WakefieldPublished the report covering the Canadian senior housing market
- LebVice Chairman and practice leader of seniors housing and healthcare at Cushman & Wakefield