Daily Market Updates: Wall Street landlords have sold more rental homes since Jan. 1

Real Estate

Home›Real Estate›Residential›Wall Street landlords have sold more rental homes sinc…

Wall Street landlords have sold more rental homes since Jan. 1

CNBC Real Estate data shows the largest landlords are net sellers, with 3,180 more homes sold than bought year to date.

Reported · Written up by our desk · Residential

CNBC Real Estate reports that Wall Street firms that are among the largest landlords are selling more rental homes than they are buying.

According to the outlet, those largest landlords are net sellers year to date, with 3,180 more homes sold than bought since Jan. 1.

The shift comes as a buying ban takes effect, according to the report, which frames the home sale activity as a response to tighter constraints on purchases.

← Newer storySouthern Water ex-leaders face trial over alleged wastewater testing…Older story →UK Treasury scrutinizes Labour plans to roll back Thatcherism

More like this

Real EstateSingles face higher living costs, so some buy homes with friends

Real EstateFinance of America reverse mortgage volume jumps despite GAAP loss

Real EstateWorld Cup lifts Los Angeles hotel rates, occupancy stays flat

Real EstateColliers completes $8.5M sale of West LA co-living site

Real EstateTaj Mahal bankruptcy highlights risks of overvalued real estate deals

Sources

CNBC Real EstateWall Street is selling more rental homes, as buying ban takes effect

Real Estate

Wall Street landlords have sold more rental homes since Jan. 1

More like this

Sources

Get the close, explained.