Several 'pandemic boomtowns,' including Phoenix and Austin, experienced the largest increases in delistings as high housing costs deter prospective buyers

A record 2% of homes for sale were delisted each week on average during the 12 weeks ending Nov. 20, according to a Redfin analysis of MLS data across 43 of the 50 most populous U.S. metro markets. During the same 12-week period in 2021, 1.6% of homes for sale were delisted each week on average. The share has decreased slightly since reaching record levels, declining to 1.9% during the 12 weeks ending Nov. 27.