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Elliman Report: Fort Lauderdale Sales 2Q 2019

The market continued to show mixed results by property types, with single families outperforming condos in both the overall and luxury markets. The single-family market, representing 48.8% of total sales in the second quarter, saw sales rise 8.5% to 576 from the prior-year quarter. The gain in sales overpowered the modest 3.9% rise in listing inventory to 978. Current listing inventory was consistent with the five-year quarterly average of 1,003. Overall single-family price trend indicators…

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