And each cash sale
means one less mortgage origination.
Overall, BKFS found that in the first quarter of 2016, cash sales
declined to 35 percent of home sales, compared with 37 percent in the first quarter of 2015.
Current draw cash sales
for fiscal year 2016, which ends June 30, are at $88.
Overthepast 10 quarters cash sales
have accounted for 39 percent of all home sales on average, and institutional investor purchases have accounted for 5.
In the first quarter of 2010, cash sales
represented 19 percent of all single-family home sales in Massachusetts.
The association, known as the CLA, whose members own and manage more than 250 different types of rural business, wants the Government to legislate to ban cash sales
of scrap metal.
The company claims the growth in cash sales
had more than offset the reduction in demand from the Post Office resulting from an increasing number of benefit payments being paid directly into bank accounts.
Canacol" or the "Corporation") is pleased to provide the following update concerning the Nispero 1 gas discovery, the doubling of its gas drilling program for the remainder of 2016, and an increase of 9% in Corporate cash sales
to 19,440 barrels of oil equivalent per day (boepd) for the month of July 2016 compared to the average cash sales
of 17,817 boepd for the quarter of April 1 to June 30, 2016.
The company said cash sales
made up 28 percent of all third-quarter single-family home sales.
The CBI's cash sales
on Monday had reached 29 millions and 500,000 US dollars, including the Bank's interest of 13 dinars per dollar, whilst the foreign transfers had reached 169 millions and 500,000 dollars, on an exchange rate of 1,183 dinars per dollar, including the Bank's interest of 13 dinars per dollar," the bulletin pointed out, adding that none of the 22 banks that shared in today's auction had offered a single dollar for sale in today's auction," it stressed.