Home Sale Cancellations Hit Record January Rate, Redfin Says

Reuters

Feb 24

Home Sale Cancellations Hit Record January Rate, Redfin Says

Nearly 40,000 U.S. home-sale agreements were canceled in January, representing 13.7% of homes that went under contract and marking the highest January cancellation rate in records dating to 2017, according to a Redfin report powered by Rocket. The analysis cites buyer leverage in a buyer’s market and heightened financial uncertainty as key drivers. San Antonio had the highest cancellation rate at 21.2%, while San Francisco posted the lowest at 3.5%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260224600048) on February 24, 2026, and is solely responsible for the information contained therein.

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ID: 20260224600048) on February 24, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RKT","symbol_name":"Rocket Companies","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260224:nNDL7CD4zV:1","article_id":"2613292714","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613292714","pubTimestamp":1771939847,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Nearly 40,000 U.S. home-sale agreements were canceled in January, representing 13.7% of homes that went under contract and marking the highest January cancellation rate in records dating to 2017, according to a Redfin report powered by Rocket. 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The analysis cites buyer leverage in a buyer’s market and heightened financial uncertainty as key drivers. San Antonio had the highest cancellation rate at 21.2%, while San Francisco posted the lowest at 3.5%.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. 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