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Oklahoma City Sales Volume Softens Amid Rising Interest Rates

Retail and Multifamily Segments Drive Investment
CoStar Analytics
August 22, 2023 | 4:39 P.M.

Oklahoma City is reporting a slower first half of 2023, with $666 million in sales volume. That is down from 2022 when transaction volume peaked at $1.2 billion. Deal volume is declining due to rising interest rates, pushing the cost of debt higher and creating a bid-ask spread between buyers and sellers.

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