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Home sales are down. So why are prices at an all-time high?
July 28, 2025/
It’s also a reflection of who’s buying now. All-cash buyers made up 29% of transactions last month.
Starts of single-family homes hit an 11-month low in June, while permits for new construction dropped to more than a two-year low.
That hit to supply isn’t great for housing prices in the months and years ahead.
