Nearly 15% of Pending Home Sales Fell Through in June

Seattle, WA, July 21, 2025-Nearly 15% (14.9%) of pending home sales fell through in June, up from 13.9% a year earlier, according to Redfin. 

Some buyers are backing out during the inspection period because a better home comes along, and some are nervous about making a major purchase in uncertain economic times. 

Just over 57,000 home-sale agreements nationwide were canceled in June, equal to 14.9% of homes that went under contract that month. That’s up from 13.9% a year earlier and is the highest June share in records dating back to 2017.