Trump Bans Large Investors from Buying Single-Family Homes; Aims to Aid First-Time Buyers

• Donald Trump signed an executive order to prevent large institutional investors from purchasing small, single-family homes in the US.
• The order aims to reduce competition for young, first-time homebuyers struggling with rising prices and corporate acquisitions of residential properties.
• The US Treasury Department will define 'large institutional investor' and 'single-family home' within one month, with implementation methods decided in 60 days.
• The Department of Justice and FTC will conduct an antitrust review of large institutional investor purchases in the housing sector.
• The decision has impacted the stock market, with the S&P 1500 Homebuilding Index declining and real estate giants like Blackstone facing scrutiny.

Why It Matters: Trump's executive order targets large real estate investors to make homeownership more accessible for average Americans.