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Elliman Report: Brooklyn Sales 1Q 2020

Final two weeks of March 2020 • The number of sales jumped 13.9% to 2,525 from the prior-year quarter for the second straight quarter of annual gains after four quarters of declines. Sellers were becoming more in sync with the market. However, that pattern was not reflective of the recent change in market conditions that began in early March and has been measured in terms of days. Awareness of the global pandemic known as COVID-19 cooled conditions after two…

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