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Housing market shifts are pushing out the biggest US home buyers

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Housing market shifts are driving out some of the biggest home buyers in the country

Some of the biggest US home buyers are backing out of the housing market as it undergoes shifts in affordability and rent dynamics.found that institutional investors who own more than 1,000 homes purchased 90% fewer homes in January and February of this year compared to 2022.

Similarly, Invitation Homes — the largest owner of single-family rentals in the US — was a net seller in the first quarter. It bought 194 homes and sold 297, whereas a year ago those figures were at 822 and 147, respectively.

 

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