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Elliman Report: Downtown Boston Sales 2Q 2020
Sales activity cooled as the industry and consumers paused to contain the Coronavirus spread. The 42.5% drop in sales evidenced this slowdown to 547 from the prior-year quarter, the highest rate of decline captured in this 19-year data series. Listing inventory rose 7.7% to 757 over the same period. With the sharp drop in sales and a modest gain in listing inventory, the market’s pace cooled to its slowest rate in more than eight years…
