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16.3% of Home Purchase Agreements Were Canceled in September

16.3% of Home Purchase Agreements Were Canceled in September

by Phil Hall | Oct 23, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly 53,000 home purchase agreements were canceled in September, equal to 16.3% of homes that went under contract that month, according to new data from Redfin (NASDAQ:RDFN). This represents the highest percentage of cancelations since October 2022, when mortgage...

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