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Sales of U.S. healthcare real estate jump 77% YoY in Q2 2026

Avison Young said net absorption hit 3.5 million square feet and occupancy rose to 92.4%, while the development pipeline fell 10% from Q2 2025.

Reported · Written up by our desk · Residential

Sales of U.S. healthcare real estate rose 77% on a trailing 12-month basis in the second quarter of 2026, according to Avison Young as cited by ConnectCRE.

The report said net absorption reached 3.5 million square feet, outpacing new deliveries, and occupancy increased to 92.4% as available space declined 4% year over year.

Avison Young also pointed to a weaker development pipeline, which it said is down 10% from Q2 2025, and suggested the tightening supply could support rent growth.

ConnectCRE added that Houston, Los Angeles, Dallas, Chicago, and Washington, DC were among the nation’s most active healthcare leasing markets, while Los Angeles led investment sales activity in Q2.

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