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Elliman Report: Miami Coastal Mainland Sales 1Q 2020

Final two weeks of March 2020 • Listing inventory for both property types declined quarter over quarter, reflecting market conditions at the end of the quarter. The recent change in market conditions began in early March and has been measured in terms of days. Awareness of the global pandemic known as COVID-19 cooled conditions with two significant rate cuts by the Federal Reserve and the statewide shutdown of nonessential businesses. If the outbreak is not…

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