The data displays the share of home sales made up by flips in the U.S. from 2000 to 2016. In 2016, 6.1% of all home sales in the United States were flips. House flipping is a real estate term which refers to the practice of an investor buying property with the aim of reselling them for a profit. The investor either invests capital into each respective property in the form of renovations or simply resells the properties if home prices are on the rise.
2000 | 5.4 |
2001 | 5.4 |
2002 | 5.4 |
2003 | 5.4 |
2004 | 6 |
2005 | 7.7 |
2006 | 7.3 |
2007 | 5.5 |
2008 | 4 |
2009 | 4.2 |
2010 | 5 |
2011 | 5.5 |
2012 | 5.4 |
2013 | 5.6 |
2014 | 5.6 |
2015 | 5.3 |
2016 | 6.1 |