Tag Archives: resales

Cash sales made up 35 percent of all home sales in December 2014, according to data released by CoreLogic today. December marks the 24th consecutive month of declines in year-to-year share numbers, which has fallen each month since January 2013. Because of seasonality, cash sale comparisons are best when looking at year-to-year data. Cash transactions hit its peak in January 2011 when cash transactions made up 46.5 percent of total home sales. Before the housing crisis, the cash sale share of total home sales averaged at about 25 percent. If the trend of cash sales decline continues at the same rate, the share should reach 25 percent by the middle of 2017.

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