Trump plans to ban large investors from buying single-family homes.

President Trump said on Truth Social he will ask Congress to ban large institutional investors from buying single-family homes, and the US median sale price last year was $410,800 according to the Census Bureau.

President Donald Trump announced steps his administration is taking to prohibit large institutional investors from buying single-family homes. The statement was posted on his platform, Truth Social, and he said he will ask Congress to codify the measure. He also said he will present additional housing and affordability proposals during a speech at the World Economic Forum in Davos. Key facts: - The president announced a plan to ban large institutional investors from purchasing single-family homes. - The announcement was posted on Truth Social. - He said he will ask Congress to codify the proposed ban. - He plans to discuss further housing proposals at the World Economic Forum in Davos. - The US median sale price for a home last year was $410,800, according to the US Census Bureau. Summary: The statement signals an administration effort to limit purchases of single-family homes by large institutional investors and requests congressional action to make such a ban law. Additional housing proposals are expected to be outlined at the Davos speech, and any ban would require congressional codification before taking effect.