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Great time to invest in build-for-rent sector

Seattle, Portland, San Francisco
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444K new homes for sale at the end of May represented 7.7-mo of supply. May's ↓ 5.9% YoY in sales may bode well for the build-for-rent sector. New-construction home sales, MoM: West: ↑ 39.3% South: ↑ 12.8% Northeast: ↓ 51.1% Midwest: ↓ 18.3%

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