Percentage of Buyers: Non-Primary Residence* National Market Dynamics since 2016
12-month-rolling average
17%
This chart is based on buyers for existing single-family homes, condos and co-ops for investment or as second homes. If calculated just for single-family homes, the percentage would be considerably higher.
16%
15%
14%
13%
Pandemic hits ▲
12%
◄◄ The big surge in investor purchases of single- family homes began during the post-2007 foreclosure crisis, when institutional investors bought distressed properties in huge quantities at fire-sale prices.
11%
Updated through November 2024
10%
*Investor-rental or vacation use, per Realtors® Confidence Index Survey. Data copyright National Association of Realtors®. All rights reserved. Used with permission. Single-family, condo and co-ops. Good-faith estimates based on survey of Realtors. Data from sources deemed reliable but may contain errors and subject to revision.
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