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

Source: Redfin — 

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.