The Brief In July, 15.3% of U.S. home-purchase agreements were canceled, the highest July rate since 2017. New data from Redfin shows that home-purchase agreement cancellations reached a record rate over the summer. By the numbers:In July, approximately 58,000 U.S. home-purchase agreements fell through, representing 15.3% of all homes that went under contract that month. Following San Antonio were Fort Lauderdale, FL (21.3%), Jacksonville, FL (19.9%), Atlanta (19.7%), and Tampa, FL (19.5%). Following Virginia Beach were Newark, NJ (+3.3 ppts), Baltimore (+3 ppts), San Antonio (+2.8 ppts), and Houston (+2.8 ppts).