24 May Build-to-rent gains traction over buying homes one at a time
The single-family rental market is evolving away from companies competing with families to buy homes one at a time and toward building tracts of homes to be rented.
According to data released in March by the National Rental Home Council and John Burns Real Estate Consulting, homes built to rent accounted for 26% single-family rental homes in the fourth quarter of 2021, compared with 3% in the third quarter of 2019, when they first started tracking the numbers. Purchases of existing individual homes by single-family rental home landlords during that time decreased to 57% from 81%.
Published by Arleen Jacobius in Pensions & Investments.