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Inventory and Sales

Inventory levels grew once again by 2.4% in 2019, as did the number of sales by 1.9%. We continue to see a healthy ratio of inventory to sales, which indicates a balanced market. Our Midtown Direct Train Line towns continue to be sought after due to the quick commute to Manhattan, sought after lifestyle and stellar school districts. This year we saw more buyers who didn’t buy in 2018, finally purchase in 2019 as interest rates continue to fall, and pricing in certain segments became more attractive.

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