Markets & Economy

NAHREP: Institutional investor activity taking outsized toll on Hispanic homebuyers

Inventory shortage cut growth of Hispanic owner households by 74 percent in 2013
Published on Apr 2, 2014

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by CareyBot

Hispanics have powered more than half of the growth in homeownership in recent years, but a severe shortage of for-sale homes exacerbated by a flood of institutional investors significantly constrained Hispanics’ contribution to homeownership growth in 2013, according to the ...