Real estate investors buy 49% fewer homes Y/Y in Q1, Redfin says (NASDAQ:RDFN)

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U.S. real estate investors drew back on home purchases in Q1 by 48.6%, real estate brokerage Redfin (NASDAQ:RDFN) reported this past week, marking the biggest year-over-year drop since 2000.

The slump, which outpaced the 40.7% decline in overall home purchases in the



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