U.s. investor home purchases fell 6% in the second quarter, the biggest decline since 2023

Seattle--(business wire)--u.s. real estate investors purchased roughly 52,000 homes in the second quarter, the lowest level for that time of year since 2020, according to a new report from redfin, the real estate brokerage powered by rocket. that's down 6% from a year earlier, the biggest drop since the fourth quarter of 2023. the report is based on a redfin analysis of county-level home purchase records across 39 of the most populous u.s. metropolitan areas going back through 2000. redfin defi.
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