A new study reveals that pending home-sale cancellations are on the rise, at nearly 15% for 2025. Is it a buyer’s market now? U.S. home listing prices are at an all-time high, signaling a potential shift toward a buyers' market, according to industry experts. Redfin also said that pending home sales are falling through at a higher rate than in the past largely because it’s a buyer’s market. "All these homes are listed for really high prices , which is why they are sitting on the market.