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Story summary
- Japanese home builders have acquired 23 single-family home builders in the United States since 2020, with notable activity around Summerlin, Las Vegas.
- The 2020-onward acquisitions more than doubled the total acquisitions from 2013 to 2019.
- The surge does not include purchases of multifamily developers and construction-supply companies.
- Japanese builders are projected to control approximately 6% of the U.S. home-construction market.
