All-cash home sale transactions rise as a percentage of all home sales.

A sure sign that housing's "writ large" juggernaut was healing was 29 consecutive months of year-over-year declines in the share of home buyers who used only cash for their purchases. Why?

Here's what RealtyTrac vp Daren Blomquist had to say about the fact that cash sales jumped to 38.1% of U.S. single family home and condo sales during the month--up from 29.8% in October and up from 30.9% a year ago to the highest level since March 2013:

“The jump in cash sales is likely a knee-jerk reaction to the new documentation and disclosure rules for mortgages that took effect in October, making it even more difficult for buyers using financing to compete with cash buyers in the already competitive housing market."

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