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【World Property Journal】One-Third of U.S. Homes Were Bought in Cash in July, Above Pre-Pandemic Levels

【World Property Journal】One-Third of U.S. Homes Were Bought in Cash in July, Above Pre-Pandemic Levels

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According to national property broker Redfin, nearly one-third (31.4%) of U.S. home purchases were paid for with all cash in July 2022. That's near the eight-year high reached in February and up from 27.5% a year earlier. The share of all-cash purchases jumped in early 2021 during the pandemic-driven homebuying frenzy and has remained elevated since then.

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