{"id":86964,"date":"2026-08-21T05:00:48","date_gmt":"2026-08-21T12:00:48","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=86964"},"modified":"2026-08-27T08:41:49","modified_gmt":"2026-08-27T15:41:49","slug":"contract-cancellations-july-2026","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/contract-cancellations-july-2026\/","title":{"rendered":"With Buyers Firmly in the Driver\u2019s Seat, Home-Purchase Cancellations Hit Highest Level in Nearly 3 Years"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>14% of U.S. homebuying deals fell through in July, the highest share since November 2023, as buyers gained more power.\u00a0<\/i><\/strong><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>Home-purchase cancellations are most prevalent in buyer-friendly southern markets, where a lot of inventory and fewer buyers are giving house hunters more confidence to walk away from deals.<\/i><\/strong><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>Contract cancellations are least common in competitive seller\u2019s markets like Long Island and parts of the Bay Area, where limited inventory gives buyers more incentive to stick with a deal.<\/i><\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Nationwide, 14% of home-sale agreements that went under contract in July fell through\u2013the highest share in nearly three years on a seasonally adjusted basis and up from 13.7% a month earlier.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While the rate of contract cancellations reached a nearly three-year high in July, the increase from months and years past is small. The share of U.S. homebuying deals that have fallen through has posted small swings, from about 13% to about 14%, for the last four years. <\/span><span style=\"font-weight: 400;\">Deals are falling through at a higher rate than in 2020-2022, when the U.S. was in a hot seller\u2019s market.\u00a0<\/span><\/p>\n<div id=\"datawrapper-vis-fmmOe\" style=\"min-height: 464px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/fmmOe\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-fmmOe\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/fmmOe\/full.png\" alt=\"Contract Cancellations Tick Up to Highest Level Since November 2023 (Line chart)\" \/><\/noscript><\/div>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">This is based on a Redfin analysis of seasonally adjusted MLS pending-sales data using our <\/span><a href=\"https:\/\/www.redfin.com\/news\/new-redfin-data-center\/\"><span style=\"font-weight: 400;\">updated housing data methodology<\/span><\/a><span style=\"font-weight: 400;\">. Please note: Homes that fell out of contract during a given month didn\u2019t necessarily go under contract that same month. This data is subject to revision.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Contract cancellations are rising a bit because buyers have the power: The number of U.S. homebuyers <\/span><a href=\"https:\/\/www.redfin.com\/news\/buyers-vs-sellers-july-2026\/\"><span style=\"font-weight: 400;\">dropped to a record low<\/span><\/a><span style=\"font-weight: 400;\"> in July, and there were a near-record 51% more sellers than buyers in the market. That gives house hunters more options and makes them more likely to walk away if an inspection uncovers problems, an appraisal comes in low or the seller doesn\u2019t agree to concessions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Affordability challenges are making buyers more cautious, too. Home prices remain high and mortgage rates are elevated, leaving many buyers with little financial wiggle room. An unexpected repair, a change in financing costs or simply second thoughts about taking on a large monthly payment can be enough to derail a deal\u2014especially when buyers feel confident another home will come along. <\/span><span style=\"font-weight: 400;\">Some house hunters are also changing their minds due to economic uncertainty.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cSometimes buyers get cold feet before the inspection\u2014they revisit the numbers with their lender, get anxious about the payment and never even send the deposit,\u201d said <a href=\"https:\/\/juancastrohomes.com\/\">Juan Castro<\/a>, a Redfin Premier agent in Orlando. \u201cOther times, they\u2019ll find something relatively minor in the inspection and use it as leverage to ask for major concessions or walk away entirely. Buyers know they have options right now, so they\u2019re pushing harder in negotiations. That can be tough for sellers, but it\u2019s good news for buyers.\u201d<\/p>\n<div style=\"position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 1920px;\">\n  <iframe\n    style=\"position: absolute; top: 0; left: 0; width: 100%; height: 100%; border: 0;\"\n    title=\"YouTube video player\"\n    src=\"https:\/\/www.youtube.com\/embed\/azTuDl68KfI\"\n    allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\"\n    allowfullscreen=\"allowfullscreen\"><br \/>\n  <\/iframe>\n<\/div>\n<p>&nbsp;<\/p>\n<p><\/span><\/p>\n<h3><b>The Silver Lining: Canceled Deals Can Create Opportunities For Sellers and Buyers<\/b><\/h3>\n<p>&nbsp;<br \/>\n<span style=\"font-weight: 400;\">Today\u2019s slower market gives both sides more room to problem-solve.\u00a0<\/span><\/p>\n<p><b>For sellers, preparation can reduce the odds of a deal falling apart. <\/b><span style=\"font-weight: 400;\">One option is to complete a home inspection before listing, which can flag issues that might otherwise surprise a buyer later. Sellers can then make repairs upfront or enter negotiations knowing they may need to offer a credit, price adjustment or other concession. If a deal does fall through, it\u2019s not necessarily a sign that something is wrong with the home\u2014sometimes a buyer\u2019s financing changes or they simply get cold feet. Sellers can use what they learned from the first deal to make the next one smoother. Sellers may also consider pre-marketing their home with <\/span><a href=\"https:\/\/www.redfin.com\/why-early-access\"><span style=\"font-weight: 400;\">Redfin Early Access<\/span><\/a><span style=\"font-weight: 400;\"> to gauge the market and set the right price from the beginning.\u00a0<\/span><\/p>\n<p><b>A cancellation can create an opening for other house hunters. <\/b><span style=\"font-weight: 400;\">A home that comes back on the market may face less competition, and the seller may be more motivated to reach an agreement the second time around. Buyers who lose out on a home they love can also ask their agent to officially put them in the <\/span><a href=\"https:\/\/www.rocketmortgage.com\/learn\/should-you-make-a-backup-offer-on-a-home\"><span style=\"font-weight: 400;\">backup position<\/span><\/a><span style=\"font-weight: 400;\">; if the first deal falls apart, they get another shot without having to start from scratch.<\/span><\/p>\n<h3><b>Home-Purchase Cancellations Are Most Common Where Buyers Have the Upper Hand<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Deals are falling apart at the highest rate in the South. In Atlanta, 19.8% of home-purchase agreements were canceled in July, the highest share among the 50 most populous U.S. metros with sufficient data.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Next comes Houston, where 19.6% of homebuying contracts fell through. It\u2019s followed by San Antonio (18.7%), Las Vegas (18.6%) and Orlando, FL (18.2%). Contract cancellations are most prevalent in those places partly because they\u2019re among the <\/span><a href=\"https:\/\/www.redfin.com\/news\/buyers-vs-sellers-july-2026\/\"><span style=\"font-weight: 400;\">strongest buyer\u2019s markets <\/span><\/a><span style=\"font-weight: 400;\">in the country. In Houston, for instance, there are 130% more sellers than buyers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Many of those southern metro areas were popular during the pandemic, when low mortgage rates and remote work encouraged many Americans to move to relatively affordable places. Now, higher costs, a glut of newly built homes and the increasing frequency of natural disasters, among other factors, have left a lot of homes sitting on the market.<\/span><\/p>\n<h3><b>Homebuying Deals Least Are Likely to Fall Apart in Long Island and the Bay Area<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Contract cancellations were least common in Nassau County, NY in July, with just 3.5% of homebuying deals falling through.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Next come two Bay Area metros: San Francisco and San Jose, where 4.1% and 6.5% of deals fell apart, respectively. San Francisco\u2019s housing market is <\/span><a href=\"https:\/\/www.redfin.com\/news\/san-francisco-home-prices-march-2026\/\"><span style=\"font-weight: 400;\">booming<\/span><\/a><span style=\"font-weight: 400;\">, largely because of AI companies paying their workers high salaries and bonuses, making buyers less likely to back out when they go under contract.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Next are Montgomery County, PA (7.3%) and Milwaukee (7.7%). Nassau County, Montgomery County and Milwaukee are <\/span><a href=\"https:\/\/www.redfin.com\/news\/buyers-vs-sellers-july-2026\/\"><span style=\"font-weight: 400;\">three of just six seller\u2019s markets<\/span><\/a><span style=\"font-weight: 400;\"> in the U.S.; buyers in those places are more motivated to hold deals together because there are fewer homes available to choose from, and sellers hold the power.\u00a0<\/span><\/p>\n<h3><b>Cancellations Are Rising Fastest in Texas and Nashville\u00a0<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Contract cancellations increased month over month on a seasonally adjusted basis in most of the metros in this analysis. The biggest uptick was in Houston, where 19.6% of home-purchase agreements were called off in July, up from 14.4% a month earlier.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Next comes Nashville, TN, where 14.3% of homebuying agreements were canceled, up from 12.6%. Atlanta (19.8%, up from 18.5%), San Francisco (4.1%, up from 2.8%), and San Jose (6.5%, up from 5.4%) round out the top five. San Francisco and San Jose still have low rates of contract cancellations, but the rates were even lower in June.\u00a0<\/span><\/p>\n<h3><b>Cancellations Declined Most in Indianapolis<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Contract cancellations <\/span><i><span style=\"font-weight: 400;\">decreased <\/span><\/i><span style=\"font-weight: 400;\">most in Indianapolis, where 13.9% of deals were called off in July, down from 14.9% a month earlier. Anaheim, CA, where 13.5% of deals were canceled, down from 14.3%, comes next. Next come Milwaukee (7.7%, down from 8.4%), West Palm Beach, FL (14.2%, down from 14.8%) and Nassau County (3.5%, down from 4%).<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td colspan=\"4\"><b>Metro-Level Summary: Canceled Home-Purchase Agreements, July 2026<\/b><\/p>\n<p><i><span style=\"font-weight: 400;\">Data is seasonally adjusted<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Redfin analyzed the 50 most populous U.S. metros and included the 48 with sufficient data<\/span><\/i><\/td>\n<\/tr>\n<tr>\n<td><b>U.S. metro area<\/b><\/td>\n<td><b>Pending sales that fell out of contract, as % of overall pending sales<\/b><\/td>\n<td><b>Month-over-month change in share of pending sales that fell out of contract (in percentage points)<\/b><\/td>\n<td><b>Year-over-year change in share of pending sales that fell out of contract (in percentage points)<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Anaheim, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.8 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.7 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Atlanta, GA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">19.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.3 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.5 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Austin, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.2 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.3 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Baltimore, MD<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.0 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.1 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Boston, MA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.0 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.7 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Charlotte, NC<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.3 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.2 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Chicago, IL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.5 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.1 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Cincinnati, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.2 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.1 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Cleveland, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.4 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.3 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Dallas, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.1 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.6 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Denver, CO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">17.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.2 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.2 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Detroit, MI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">17.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.6 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.5 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Fort Worth, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">18.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.0 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.3 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Houston, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">19.6%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.2 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.6 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Indianapolis, IN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-1.0 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-1.0 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Jacksonville, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">17.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.7 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.7 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Kansas City, MO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.0 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.5 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Las Vegas, NV<\/span><\/td>\n<td><span style=\"font-weight: 400;\">18.6%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.8 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.7 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Los Angeles, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.1 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.4 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Miami, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.6%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.2 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.0 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Milwaukee, WI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.7 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.6 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Minneapolis, MN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.4 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.7 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Montgomery County, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.3 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.7 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Nashville, TN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.7 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.9 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Nassau County, NY<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.5 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-1.3 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">New Brunswick, NJ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.7 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.2 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">New York, NY<\/span><\/td>\n<td><span style=\"font-weight: 400;\">8.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.8 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.2 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Newark, NJ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">9.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.0 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.3 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Oakland, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">9.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.1 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.2 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Orlando, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">18.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.4 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.4 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Philadelphia, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.4 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.7 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Phoenix, AZ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.1 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.6 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Pittsburgh, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.6 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.0 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Portland, OR<\/span><\/td>\n<td><span style=\"font-weight: 400;\">15.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.4 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.2 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Providence, RI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.6 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.6 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Riverside, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">17.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.3 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.4 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Sacramento, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">15.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.2 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.3 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Antonio, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">18.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.3 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.1 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Diego, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.7 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.3 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Francisco, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.3 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.5 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Jose, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.1 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.3 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Seattle, WA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.9 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.4 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">St. Louis, MO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.2 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.6 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Tampa, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">18.0%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.6 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.5 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Virginia Beach, VA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.4 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.1 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Warren, MI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.3 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.3 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Washington, DC<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.0 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">0.2 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">West Palm Beach, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-0.6 pts.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1.2 pts.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>National<\/b><\/td>\n<td><b>14%<\/b><\/td>\n<td><b>0.3 pts.<\/b><\/td>\n<td><b>0.7 pts.<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>14% of U.S. homebuying deals fell through in July, the highest share since November 2023, as buyers gained more power.\u00a0 Home-purchase cancellations are most prevalent in buyer-friendly southern markets, where a lot of inventory and fewer buyers are giving house hunters more confidence to walk away from deals. Contract cancellations are least common in competitive [&hellip;]<\/p>\n","protected":false},"author":13153,"featured_media":86966,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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