Home sales in Brooklyn fell last quarter at the highest rate in 11 years, illuminating the crushing effect of the lockdown on real estate in the second quarter, when most of the contracts were signed. Buyers purchased 1,481 properties between July and September, according to Douglas Elliman’s market report for the third quarter of 2020. That was 43 percent below the third quarter of 2019,when 2,596 properties sold. In Brooklyn’s luxury sector, sales fell about
source https://therealdeal.com/2020/10/12/brooklyn-home-sales-fell-at-a-record-rate-in-q3/
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