With Buyers Firmly in the Driver's Seat, Home-Purchase Cancellations Hit Highest Level in Nearly 3 Years

Redfin reports 14% of U.S. homebuying deals fell through in July, the highest share since November 2023, as buyers gained more power SEATTLE, Aug. 21, 2026 /PRNewswire/ -- Nationwide, 14% of home-sale agreements that went under contract in July fell through—the highest share in nearly...