Home Purchases are getting canceled at a record rate

[Samori Toure]

About 58,000 home purchase contracts were canceled in July 2025, which is about 15.3% of homes under contract during the month. That is the most cancelations since 2017.

People are really afraid for their jobs and we are clearly in a recession.

Home Purchases Are Getting Canceled at a Record Rate

15% of home purchases fell through last month—the highest July rate on record—as high homebuying costs made buyers skittish.

www.redfin.com

 

[Gloxina]

 

[Formerly Black Trash]

Trump: Something something bidenomucs

 

[Uitomy]

Most economist on the net will tell you housing prices will never comedown but with how 90's kids and below being historically disadvantaged with buying houses I just don't how it doesn't happen, like in the next 15-20 year most the boomers will be gone. Think about how many neigborhoods are going to just straight up run dry. Especially in these ugly as fukk looking houses and neighborhoods in Florida, flat meatloaf pieces of shyt

 

[the cac mamba]

Most economist on the net will tell you housing prices will never comedown

there's too much demand for them to come down significantly, none of these criminals in DC are gonna block Blackrock from buying up houses

and you shouldnt try to time the housing market. if you find your dream house, buy it, and refinance if mortgage rates tank

but yeah, if i was in the market, i might wait til 2026