Research from PEXA showed that the proportion of cash-funded transactions in the overall sale settlements in 2022 remained elevated and are particularly focused on regional markets.
New research shows more than 25 per cent of homes sold in Queensland, Victoria and NSW were paid for in cash by older Australians who have benefited from high property prices and are "basically immune" to the effects of rising interest rates.
beat.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from beat.com.au Daily Mail and Mail on Sunday newspapers.