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Elliman Report: Manalapan, Hypoluxo Island & Ocean Ridge Sales 2Q 2021

The housing market continued to see significant year over year gains for sales and price trend indicators as well as new lows for listing inventory. As a result, the market moved at a faster pace, benefiting from mortgage rates near historic lows, the federal SALT tax, and the larger adoption of remote work as a residual of the pandemic. Single family sales surged 46.2% to 19 from…

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