Halloween is just about a week away, but spooky season started early for the U.S. housing market.
In September, more than 53,000 home-purchase agreements were canceled—or 15% of all homes under contract, according to Redfin data released Wednesday. That’s nearly a 14% jump from the same time last year.
The housing markets with the highest percentage of pending sales that fell out of contract include:
Minneapolis (11%)
Boston (10%)
New York City (9.6%)
Seattle (9.5%)
Montgomery County, Pa. (9.2%)
Buyers are ghosting sellers because—considering high home prices and mortgage rates—they expect homes to be near-perfect to follow through on a contract, according to Redfin. Plus, Jo Chavez , a Redfin Premier agent in Kansas City, Mo., said in a statement he’s seeing “a lot of buyer’s

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