NAR: Vacation home sales retreat, investment sales leap in 2015

Vacation home sales cooled off in 2015, but remained at the second highest amount in nearly a decade, according to the National Association of REALTORS’ 2016 Investment and Vacation Home Buyers Survey. Investment purchases increased for the first time in five years. Mirroring the strong price growth seen throughout the U.S., the median sales price of both vacation and investment homes surged last year. Click here to learn more.