Cancellations of contracts to buy homes are most common in Atlanta, Fort Worth, TX and Jacksonville, FL. In each of those places, roughly 18% of all home-sale agreements that went under contract in May fell through. 

Nationwide, the portion of buyers backing out of contracts is smaller: 13.6% of May’s home-sale agreements fell through. That’s unchanged from a month earlier on a seasonally adjusted basis, and it’s the fourth month in a row that contract cancellations have held steady at the same rate. 

The share of U.S. homebuying deals that have fallen through has been fairly stable for the last two years, swinging between 13.4% and 14%.