As the Market Begins to Stabilize, Investor Home Purchases Are Back Up
The Pro Builder
AUGUST 19, 2024
Investor activity in the U.S. housing market is stabilizing after several years of fluctuations. In Q2 2024, investor purchases of homes rose by 3.4% year-over-year, marking the largest increase since Q2 2022. According to real estate data tracker Redfin, investors bought $43 billion worth of homes during this period, marking the biggest gain in two years.
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