Recent analysis of new home sales data by the NAHB’s Eye on Housing reveals that all-cash purchases accounted for 8.4% of new home sales in 2023 – the second-highest share since 1991. In addition, they report that the share of new home sales backed by VA loans fell to a 16-year low of 4.8% in 2023 and has declined each of the past four years.
Click here to read the full report at the NAHB’s Eye on Housing.