Winter freeze: Real estate market falters with 16.9% canceled home agreements.

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🏡 Real estate market cracks widen as buyers freeze this winter ❄️

Around 45,000 U.S. home purchase agreements were CANCELED, constituting 16.9% of homes under contract – the highest percentage since @Redfin records began. 📉 #RealEstate #MarketTrends #HousingMarket pic.twitter.com/E5uqDKtJ8S

— The Coastal Journal (@1CoastalJournal) December 19, 2023

this won't win me many friends…but whether math is popular or not…is what it is.
Chart=YoY change in US population, YoY change in Housing units, housing units per capita… pic.twitter.com/D3ORJqiiLu

— CH (@Econimica) December 20, 2023

See also Housing market crisis: High prices, high mortgage rates, low affordability, and no demand.

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