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Elliman Report: Hamptons Sales 4Q 2019

Although sales remained low as price trends weakened, rapid listing inventory gains over the past year took a breather. Year over year inventory growth for the prior four quarters averaged 82.7%, reaching records in the second and third quarters of 2019. Listing inventory fell 12.7% annually to 1,919, breaking the four-quarter streak of surging supply. Although the number of sales rose 11.1% to 400 from the year-ago decade low for the…

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Housing Notes by Jonathan Miller

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