US home sales shift away from cash
The data indicates a decline in the cash sales share of homes in the U.S. market, decreasing from 32.3% last year to 31.4% during the first four months of 2026. The slowdown in market momentum and falling prices are reducing buyers' reliance on cash payments, with cash sales dropping by 11.2% compared to an overall decline in total sales of 8.5%. This trend is driven by increased housing inventory and waning seller confidence, which provides more financing options for buyers, although cash remains important for boosting seller confidence and speeding up the transaction. Nevertheless, some markets like Pittsburgh, Austin, and San Francisco are experiencing rises in cash sales shares due to an increase in cash purchases, despite the overall national decline.
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