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Elliman Report: Miami Coastal Mainland Sales 3Q 2018

The coastal mainland of Miami’s housing market showed improving conditions with rising price trends as well as sales and inventory across both property types. With a dozen consecutive quarters with year over year sales declines, the overall number of sales jumped 11.1% to 3,868 from the same quarter last year. After the extended period of sales declines there were still 2.4% more sales in the third quarter than the five year quarterly average of 3,778. Listing inventory rose 11.8% to 11,545 from…

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Housing Notes by Jonathan Miller

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