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Elliman Report: Brooklyn Sales 3Q 2020

Despite the significant decline in the number of sales related to the state-mandated COVID lockdown, listing inventory fell at the same annual rate and declined for the fourth straight quarter. The third quarter sales levels were largely comprised of activity that occurred under lockdown and shortly afterwards. There were 1,481 sales, down 43% from the same period last year and a larger rate of decline than the 40.5% annual…

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