SUBSCRIBERS

Cash buyers pull back from US housing market

Published Thu, Jul 2, 2015 · 09:50 PM
Share this article.

Boston

THE share of US home purchases made with cash has fallen to a five-year low as investors pull back from a property market that's rebounding without them.

Fewer than 25 per cent of single-family home and condominium purchases were all-cash transactions in May, the lowes…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here