New Law Bars Wall Street From Buying Single-Family Homes, Forces 7-Year Selloff

On July 11, 2026, the 21st Century ROAD to Housing Act became law, barring large institutional investors from buying single-family homes and requiring them to sell existing portfolios to individual homebuyers within seven years. The bipartisan bill, championed by Senators Tim Scott and Elizabeth Warren, also caps firms at 350 single-family homes each. Redfin data shows investors bought 19% of single-family homes sold in Q1 2026.