1302 ET - U.S. real estate investors bought 46,726 homes in 1Q, up 2% year-over-year, Redfin says. Investor purchases have been relatively stable for the last year, increasing or decreasing by 4% or less each quarter. This puts an end to the wild pandemic-era swings in investor purchases, with purchases increasing by up to 145% year-over-year in the middle of 2021 and falling by as much as 47% at the start of 2023. Investors are now more level-headed, buying homes when they believe it will provide a good financial return, but holding off when there's more risk, Redfin says. Investors netted a median of $182,980 in capital gains for each home they sold in March, up 2.8% from a year earlier. Just 6% of homes sold by investors were sold at a loss. (chris.wack@wsj.com)

(END) Dow Jones Newswires

May 28, 2025 13:02 ET (17:02 GMT)

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