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Elliman Report: Fairfield County Sales 1Q 2020

Final two weeks of March 2020 • While the number of sales rose 8% from to 2,125 from the year-ago quarter, that pattern was not reflective of the recent change in market conditions that began in March and has been measured in terms of days. Awareness of the global pandemic known as COVID-19 cooled conditions with two significant rate cuts by the Federal Reserve and state stay-at-home orders mostly paused the market in the final two weeks of the quarter. The most…

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