Investor Home Purchases Rise for First Time in a Year as U.S. Economy Bounces Back

Institutions are wading back into the U.S. homebuying market after pressing pause at the start of the pandemic

U.S. home purchases by investors rose 2.7% year over year in the first quarter, marking the first period of growth since the coronavirus pandemic began. That follows three consecutive quarters of declines, during which investor purchases slumped by as much as 45.5%.

We define an investor as any institution or business that purchases residential real estate. Scroll to the bottom of this report to read more about our methodology.

Investors bought about 1 of every 7 U.S. homes (14.9%) in the first quarter—a rebound from the prior three quarters, during which they bought closer to 1 in 10 homes. Investor market share is now just shy of the 16.1% level it hit in the first quarter of 2020, when the pandemic had barely begun.

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