List of Flash News about 2024 decline
Time | Details |
---|---|
2025-02-23 21:19 |
Significant Decline in US All-Cash Home Purchases in 2024
According to The Kobeissi Letter, US all-cash home purchases declined by 60,469 in 2024, reaching 700,445, which is the lowest level in at least a decade. Despite this decline, the share of all-cash home purchases remained relatively high at 33%, indicating that while the number of transactions decreased, the proportion of cash transactions compared to total home purchases is still significant. This trend could impact real estate market liquidity and influence investment strategies in the housing sector. |