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Elliman Report: Manhattan Sales 3Q 2022

While Manhattan sales declined year over year from the 2021 sales surge, the number of sales remained significantly higher than pre-pandemic. The 3,692 third-quarter closings were 18.4% lower than the year-ago record but 44.4% above pre-pandemic levels in 2019 and 23.6% more than in 2018. The disparity between 2018 and 2019 was due to the introduction of the higher mansion tax…

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