A report KTVZ in Oregon. "Home sales are seasonal, so it's not too surprising that Bend's record-high June median home sales price of $449,000 dropped in September for the third straight month, to $425,000. But a Redmond appraisal firm noted that's still $7,000 higher than the median price seen a year ago. Donnie Montagner, a residential appraiser with Beacon Appraisal Group, noted that despite the low inventory, Bend-area building permits dropped sharply in September, to 39, down from 72 in August and down nearly 50 percent from a year ago."

"In Redmond as well, building permits dropped sharply, from 41 in August to just 17 in September. Quarterly figures show Sisters-area median home prices dropping a bit, to $417,000 in the third quarter, still the second-highest on record. Sunriver's median price dropped from a record $535,000 to $485,000 in the third quarter."

The Kitsap Sun in Washington. "Kitsap's housing market is heading into its usual seasonal slowdown, and buyers looking to purchase a home will likely have more options to choose from as demand continues to cool heading into the fall and winter months. The number of closed sales in the county dropped by almost 20 percent in September, down from 519 sales in September 2017 to 411 closed sales last month."

"Pending sales in Kitsap similarly fell to the lowest point seen in the past five years. There was almost a 17 percent drop to 447 pending sales in September, down from 538 at the same point last year."

"With those changes, the county's housing market could be on track to tilt back toward what brokers regard as a balanced market — one that favors neither the buyer nor the seller. Bremerton-based John L. Scott broker Nate Leach Leach said he's already starting to see the impact of the seasonal slowdown in his submarkets of West Bremerton and East Bremerton."

"'We've seen a very large number of new listings, and they stay on longer and we're seeing quite a few more price reductions,' Leach said. 'I think we've had a lot of sellers who have had to come to that realization you can't price your home at whatever and expect a bid.'"

"There are between 600 and 800 homes In West Bremerton, Leach said. Those that are listed for sale are staying there longer, he said. 'Last June we had one house on the market,' Leach said. 'Today there's, a dozen homes on the market.'"

"Another major part of that preparation is making sure the property is appropriately priced, unlike many homes that were listed above market value last year."

"'Last year we were in our heads, 'This month we're going to go up 2 percent in sales price, so it didn't matter if we had a slightly overpriced listing, we'll sell anyways,' Leach said. 'Now we're plateauing or decreasing. We're seeing more price reductions than at this time last year.'"

From Curbed Seattle in Washington. "Last month, we reported on analysis from Zillow that showed that rent was starting to slow down, with a slight decrease in median rent in the metropolitan area year-over-year. The catch: That decrease was mostly concentrated in high-end, already-expensive rentals."

"A quarterly report from Realpage released in late September tells a similar story: high vacancy and slowing prices at the top end, with high demand and high prices at the lower end. 'Rents for luxury product slipped a little bit over past year,' said Jay Board, content manager at Realpage. 'That’s primarily driven by intense apartment construction in the urban core.'"

"Longtime Seattle renters have likely noticed a whole lot of construction—and a whole lot of apartments aimed at a wealthier clientele. They wouldn’t be imagining it."

''Seattle has been one of the most active markets nationally for apartment construction in recent years, and most of that new product has been luxury, urban units,' said Board. 'In turn, you’re seeing occupancy in that luxury segment slip, which is keeping rents from rising to same the degree as older product, which remains very full.'"

"This tracks with what we’ve been seeing all year long. Back in January, reports showed a dramatic slowdown in rent increases—as around a quarter of downtown apartments, largely new, luxury construction, sat empty. At the time, landlords were trying to fill those units by offering giveaways and temporary deals."

"Zillow’s analysis last month showed an even more dramatic slowdown year-over-year within the Seattle city limits."