All-cash home purchases continue to make up a major share of all home sales than they did before the pandemic, representing 32.6% of all houses purchased in 2024. However, that figure was 2.5% below the level of 35.1% recorded in 2023, and the lowest since 2021, according to a new report from Redfin.

The real estate firm attributed the drop to a decrease in the number of homes bought by investors, who make up a big share of all-cash buyers. It found the number of all-cash home sales nationwide fell to its lowest level since 2014, as the housing market in general slowed.

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