Homebuyers Are Canceling Deals at a Record Rate
By: Jamie Forbes | Published: 2026-01-26 13:00:07 | Source: www.redfin.com
- Over 40,000 U.S. home-purchase agreements were canceled in December, equal to 16.3% of homes that went under contract that month—the highest December percentage in records dating back to 2017
- Cancellations were highest in Atlanta (22.5%), Jacksonville (20.6%) and San Antonio (20.6%)
- Cancellations were lowest in Nassau County (3.8%), San Francisco (4.2%) and San Jose (8.9%)
Roughly…
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