Housing markets with the largest yoy change in house flips in U.S. 2018

This statistic shows the housing markets with the largest year-on-year change in house flips in the United States in 2018. The house flipping rate in Boston, Massachusetts was 33 percent higher in 2018 than in 2017. House flipping is a real estate term which refers to the practice of an investor buying property with the aim of reselling them for a profit. The investor either invests capital into each respective property in the form of renovations or simply resells the properties if home prices are on the rise.

Housing markets with the largest year-on-year change in house flips in the United States in 2018

Year-on-year growth rate
Boston, Massachusetts33.3%
Tucson, Arizona27.3%
Raleigh, North Carolina24.5%
Columbus, Ohio13.1%
Hartford, Connecticut12.8%
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Source

Release date

February 2019

Region

United States

Survey time period

2018

Special properties

53 metro areas were analyzed

Supplementary notes

The source adds the following information: "a single family home or condo flip was any transaction that occurred in the quarter where a previous sale on the same property had occurred within the last 12 months."

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Statistics on "Housing market in the United States"

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