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Elliman Report: Manhattan Sales 3Q 2019

As predicted in the prior quarter report, the number of sales fell sharply after many sales were pulled into the previous quarter as buyers sought to avoid the new Mansion Tax. The number of sales decreased year over year by 14.2% to 2,562. Conversely, the second-quarter number of sales jumped 12.5% year over year, prompting some market observers to interpret…

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