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Elliman Report: Northwest Queens Sales 2Q 2021

Median sales price jumped 19.9% to $894,297, and average sales price rose 13.5% to $955,451 respectively to new records. Both price trend indicators increased annually for the first time in four quarters. The number of sales surged annually by 145.5% to a record of 486, driven by low mortgage rates and growing confidence caused by the rapid…

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Housing Notes by Jonathan Miller

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