Home-sale cancellations hit record as buyers walk away
By: Colin McNamara | Published: 2026-01-27 11:00:00 | Source: www.nationalmortgagenews.com
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High prices and more options have pushed home-sale cancellations to a record level, new industry data shows.
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Roughly 40,000 home-purchase agreements were canceled in December, according to a report from Redfin. That’s 16.3% of homes that went under contract, up from 14.9% a year earlier and the highest December rate in records dating back to 2017.
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