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Elliman Report: Palm Beach Sales 2Q 2019

The luxury market for the second quarter turned out to be the “calm before the storm”as four sales closed in early July for more than $200,000,000. Because they occurred after the quarter ended, those sales were not reflected on the second-quarter results. However, there was evidence that a surge in activity was developing with a 27.8% jump in pending sales as compared to the same quarter last year. Both property types saw…

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