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Elliman Report: Manalapan, Hypoluxo Island & Ocean Ridge Sales 1Q 2020

Final two weeks of March 2020 • While overall price trend indicators pressed higher on a year over year basis, it did not reflect the market conditions of the final two weeks of the quarter. Real estate market participants became fully aware of the Coronavirus global pandemic after two significant rate cuts by the Federal Reserve and the state stay-at-home orders. As a result, the final two weeks of the quarter saw limited activity…

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