【World Property Journal】U.S. Vacation Home Sales Fall to Lowest Level Since 2018

In 2024, U.S. homebuyers took out just 86,604 mortgages for second homes--often used as vacation properties -- marking a 5% drop from the previous year and the lowest level since Redfin began tracking this data in 2018. The analysis, based on Home Mortgage Disclosure Act (HMDA) data, also shows that second-home loans accounted for just 2.6% of all mortgages issued in 2024, down from 2.8% in 2023 and far below the 2020 pandemic-era peak of 5%.

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