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Cash buyers lose share in home sales as prices soften

CNBC notes that more listings and weaker prices are shifting the buyer mix by increasing purchasing power for all buyers.

Reported · Written up by our desk · Residential

Cash buyers are becoming a smaller portion of the overall housing market, according to CNBC Markets.

The outlet attributes the shift to more supply on the market and weaker home prices, which together boost purchasing power for buyers who are not relying on cash.

CNBC also frames the change as a broader market dynamic, where increased inventory and price pressure benefit buyers across the board, reducing the relative advantage of paying entirely in cash.

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