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Elliman Report: Brooklyn Sales 3Q 2018

The Brooklyn housing market continued to be the regional outlier with record prices and the fastest pace. As the Brooklyn market continues to reinvent itself over the past five years, there is no standard of comparison with historical trends. The average sales price not only reached a new record of $1,051,999 but it was the first time the price trend indicator broke through the $1 million threshold. Average sales price rose…

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