USA: Cash Sales Account for 32 Percent of All U.S. Home Sales
Irvine, Ca-based CoreLogic is report that cash sales accounted for 31.6 percent of total U.S. home sales in April 2016, down 2.8 percentage points year over year from April 2015. On a month-over-month basis, the cash sales share fell by 1.6 percentage points in April 2016 compared with March 2016. For the first four months of 2016, the cash sales share averaged 33.9 percent, the lowest start to any year since 2008. The cash sales share peaked in January 2011 when cash transactions accounted for 46.6 percent of total home sales nationally. Read more on: www.worldpropertyjournal.com
Source : USA: Cash Sales Account for 32 Percent of All U.S. Home Sales