Home-Purchase Cancellations Hit Record High in December: Redfin

Atlanta, Jacksonville, and San Antonio lead the nation in purchase cancellations.

A sign is posted in front of a home for sale, in San Francisco on May 11, 2023. Justin Sullivan / Getty Images

Potential homeowners across the nation canceled nearly 40,000 purchase agreements in December 2025, the highest December total on record dating back to 2017.

A Jan. 26 report from Redfin shows 16.3 percent of home purchase agreements were cancelled—up from 14.9 percent in December 2024.