Launching the secondary market in phases allows us to ensure a smooth and reliable experience for all investors. The initial limited launch prioritizes investors who have been waiting the longest to trade shares, giving them early access.
In August we had thousands of investors join the Arrived Secondary Market and thousands of successfully matched orders between buyers and sellers in our inaugural trading week! This milestone officially makes Arrived the largest marketplace for trading shares of rental homes—a big step toward bringing fast, efficient liquidity to real estate.
As we continue to expand trading for all Arrived properties, we plan to continue to stagger initial trading for new properties between now and the end of the year. We will have 122 new properties available in the September window, with more offerings to be included in future trading windows as we expand liquidity across the platform.