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Market Reports Out for Queens Rentals, Sales

…Douglas Elliman’s market report tells us that sales in Queens rose to a three-year high, with inventory falling to an eight-year low. Compared to the third quarter of last year, median sales price increased .5 percent to $372,000, the average sales price remained essentially unchanged at $417,838, and the total number of sales surged 29.6 percent to 3,251….

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Housing Notes by Jonathan Miller

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