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Elliman Report: Hamptons Sales 3Q 2019

Key market characteristics included rising listing inventory, declining sales, and expanded negotiability. There were 402 sales in the third quarter, down 15.2% from the year-ago quarter to the lowest third-quarter total in eight years. Year to date, the number of sales was 11% below the same period last year. The impact of seven straight quarters of year over year sales declines resulted in the…

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