1047 ET - U.S. investor home purchases rose 2% from a year earlier in 4Q, Redfin says, coming in at just under 50,000. Investor activity varies widely by metro. Investor home purchases are up double digits in some West Coast cities, and down by double digits in some Florida cities. Nationwide, investor activity has flattened after wild swings during the pandemic. Home prices and mortgage rates are pricing many individual buyers out of the market, slowing sales, and they're also pricing investors out of the market. Many investors looking to flip a home and sell it for a profit are jittery about the rising cost of building materials and labor shortages in the construction industry. Landlords are nervous about rental price growth slowing. Nearly one in 10 homes sold by investors in December sold at a loss, up from 7.1% a year earlier. (chris.wack@wsj.com)
(END) Dow Jones Newswires
March 04, 2026 10:47 ET (15:47 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.