Former Red-Hot Seller’s Markets, Like Atlanta, Now Lead the Nation in Canceled Home Sales
Redfin reported that the nationwide home-purchase contract cancellation rate held steady at 13.6% in May for the fourth consecutive month. Southern metros like Atlanta (18.8%), Fort Worth (18.1%), and Jacksonville (17.9%) saw the highest cancellation rates as those areas shift into strong buyer's markets.
Key figures
- Atlanta cancellation rate
- 18.8%
- Fort worth cancellation rate
- 18.1%
- Nationwide cancellation rate
- 13.6%
- Jacksonville cancellation rate
- 17.9%
- San francisco cancellation rate
- 3.9%
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.