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✉news BusinessReal Estate first seen 17 h ago, last 1 h ago, peak #3

Oklahoma City home sales plunge as inventory surges

Original: OKC home sales plunge as housing inventory surges

Home sales in the Oklahoma City area have fallen sharply while the number of homes on the market continues to climb. The Journal Record reports the downturn as a sign that higher borrowing costs and growing supply are cooling the local housing market, giving buyers more choices but leaving sellers waiting longer for offers.

Why now: The local housing market is shifting, and buyers, sellers and agents are watching what falling sales and rising inventory mean for prices.

Oklahoma CityThe Journal Record

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