According to recent analysis conducted by NAHB’s Eye on Housing, the proportion of all-cash sales in the new home market significantly increased in the third quarter of 2023, while the share of VA-backed sales declined by almost half. The report also highlights that although cash sales only make up a small portion of new home sales, they constitute a larger proportion of existing home sales, accounting for 29%. For more detailed information, you can read the full report on NAHB’s Eye on Housing website. To read the original article titled “All-Cash Share of New Home Sales Jumps in Q3 2023,” visit Real Estate Investing Today’s website.
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