Although investors seemed to cool on single-family rental purchases in December 2021, apparently they were only taking a break, according to a new CoreLogic report.
"Although the real estate market showed signs of receding in Q4 2021, investors resumed their buying spree in early 2022," the report said. "Investors made 28.1% of all single-family purchases in February, a record high according to CoreLogic's data that goes back to 2011. March registered similarly high figures, with an investor share of 27.9%."
A graph included in the report shows investor share of single-family home purchases "rising nearly 5 percentage points from December (21.8%) to January (26.6%)."
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