Houses Sold by Type of Financing, Cash Purchase : 14 (As of 2024-07-01)
Basic Info
This metric tracks the number of residential properties sold in the United States where the transaction was completed entirely with cash, without the use of mortgage financing. A significant portion of cash purchases can indicate high investor activity in the housing market. Investors often pay in cash to expedite transactions, particularly when purchasing properties for flipping, rental income, or long-term appreciation.
Quarterly , not seasonally adjusted.
Houses Sold by Type of Financing, Cash Purchase was 14 as of 2024-07-01, according to United States Census Bureau. Historically, Houses Sold by Type of Financing, Cash Purchase reached a record high of 19 and a record low of 4, the median value is 10. Typical value range is from 7 to 13. The Year-Over-Year growth is -17.6%. GuruFocus provides the current actual value, an historical data chart and related indicators for Houses Sold by Type of Financing, Cash Purchase - last updated on 2024-07-01.
Category | Production & Business Activity |
Region | USA |
Source | United States Census Bureau |
Stats
Name | Value | ||
---|---|---|---|
Last Value | 14 | ||
Latest Period | 2024-07-01 | ||
Long Term Average | 10.46 | ||
Average Annualized Growth Rate | +0.42% | ||
Value from 1 year ago | 17 | ||
Change from 1 year ago | -17.65% | ||
Frequency | Quarterly | ||
Unit | Thousands | ||
Download Source | source link |