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US 1Q 2014 Homes Sales 43 Per Cent All-Cash
All-cash purchases accounted for almost 43 per cent of all sales of US residential property in 1Q 2014, up from almost 38 per cent in the previous quarter and 19 per cent in 1Q 2013, according to data released Thursday from real-estate data firm RealtyTrac. Institutional investors — people or companies that have purchased at…