Core Insights - Approximately 56,000 home-purchase agreements were canceled in August, representing 15.1% of homes that went under contract that month, marking the highest cancellation rate for August since 2017 [1] Group 1: Market Trends - The cancellation rate increased from 14.3% a year earlier, indicating a growing trend of home purchases falling through [1] - The primary reason for the increase in cancellations is the lack of alignment and willingness to compromise between buyers and sellers [1]