By Ben Lane | HousingWire
Cash sales rose slightly in the month of August, but they are still on track to return to pre-crisis levels sometime in 2017, according to a new report from CoreLogic.
CoreLogic’s latest cash sales report showed that cash sales accounted for 31.7% of total home sales in August, down from 34.9% in the same month last year.
Cash sales increased by a slight margin in August, rising from 0.8 percentage points from July’s total, which was a 9-year low.