Welcome • User Guide
ToS • Privacy • Canary
Donate • Bugs • License

©2025 Poal.co

190

From the post:

>Buyers are walking away from home purchases in record numbers, causing complete chaos in the US housing market. In June, over 57,000 home sales across the country were abruptly canceled, equaling a staggering 14.9 percent of homes that went under contract, according to a report from Redfin. That number is an uptick from 13.9 percent of sales which collapsed this time last year. It's also the highest June figure ever recorded since Redfin began tracking cancellations in 2017, and the Sun Belt has become ground zero for cancelled deals.

From the post: >>Buyers are walking away from home purchases in record numbers, causing complete chaos in the US housing market. In June, over 57,000 home sales across the country were abruptly canceled, equaling a staggering 14.9 percent of homes that went under contract, according to a report from Redfin. That number is an uptick from 13.9 percent of sales which collapsed this time last year. It's also the highest June figure ever recorded since Redfin began tracking cancellations in 2017, and the Sun Belt has become ground zero for cancelled deals.

(post is archived)

You are currently inside a comment thread.
Click here to see all the comments (2).
[–] • 1 pt

Please be real this time.

[–] • 0 pt

I am already seeing it even what are considered stable markets. People dropping prices by 10-20k while being willing to pay for work done when they would refuse before. Toward the end of this year it might drop lower than we have seen in 30 years (considering inflation)