Bend home sales slump to slowest October since 2012

The real estate market in Bend, Oregon, experienced a significant downturn this October, marking the slowest sales volume for the month since 2012. Industry data indicates that high interest rates and limited housing inventory continue to weigh heavily on local transaction activity. This trend reflects broader challenges in the regional housing sector as potential buyers and sellers remain cautious amidst ongoing economic uncertainty and affordability constraints in the local market.