Integration of ResiBuilt Homebuilding Segment
Following the acquisition of ResiBuilt Homes, LLC on January 14, 2026, INVH expanded into fee homebuilding, generating $49.46M in homebuilding revenues and $42.22M in homebuilding cost of sales during Q2 FY2026.
Rental Revenue and Portfolio Performance
Rental revenues and other property income rose 2.9% YoY to $678.35M in Q2 FY2026, supported by a 1.1% increase in average monthly rent per occupied home to $2,460 and a total portfolio average occupancy rate of 95.9%.
Same Store Leasing and Operational Metrics
Same Store average occupancy reached 97.1%, while Same Store renewal lease rates grew 3.3% and new lease rates grew 1.1%. However, average days to re-resident increased from 40 days to 46 days YoY.