The stock prices of major US housing sellers have risen. Earlier, US President Trump issued an article stating that he is seeking a ban on institutional investment in single-family homes. Zillow shares climbed 4.5% to $69.58; Compass rose 14% to $12.32. Remax rose 1.3% to $7.83; Rocket Companies rose 2.2% to $21.67; and Anywhere Real Estate surged 22% to $17.64. Trump said in a Wednesday afternoon post on Truth Social that he would seek to ban institutional investors from buying single-family homes, citing the high cost of housing and waning confidence in the American Dream. He said he would seek legislation on the initiative in Congress and said he would discuss the idea further in Davos later this month.

The stock prices of major US housing sellers have risen. Earlier, US President Trump issued an article stating that he is seeking a ban on institutional investment in single-family homes. Zillow shares climbed 4.5% to $69.58; Compass rose 14% to $12.32. Remax rose 1.3% to $7.83; Rocket Companies rose 2.2% to $21.67; and Anywhere Real Estate surged 22% to $17.64. Trump said in a Wednesday afternoon post on Truth Social that he would seek to ban institutional investors from buying single-family homes, citing the high cost of housing and waning confidence in the American Dream. He said he would seek legislation on the initiative in Congress and said he would discuss the idea further in Davos later this month.