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Elliman Report: Fairfield County Sales 1Q 2019

The average sales size of a Fairfield County sale declined while the number of sales moved lower. There were 1,968 sales in the first quarter, down 2.6% from the year-ago quarter and was the fifth consecutive quarterly year over year decline. Uncertainty about the new federal tax law that placed a cap on deductions, the disconnect between the economy and the housing market and unclear national economic policy have slowed activity for more than a year…

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