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Reports And Guides

3Q - 2012 Queens Sales

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Report Summary

The third quarter Queens housing market was characterized by stable pricing and falling inventory. Properties sold faster as buyers and sellers moved closer together in determining fair prices. Despite mortgage rates dropping to record lows, the market remained a challenge for buyers, with limited inventory to choose from and tight bank lending conditions. The Queens market has come a long way over the past several years, and we look forward to an active market over the next several quarters.

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Produced in conjunction with Miller Samuel, a leading independent appraisal firm, our market report series is the benchmark for residential real estate market information and an essential reference source for consumers, the media, financial institutions, government agencies, researchers and other market professionals. Each report provides an analysis of price and sales trends as well as many other metrics to give readers an idea of current conditions as well as historical and emerging market trends.

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