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In accordance with Jonathan Miller of Miller Samuel, prices for prime residential actual property in New York were down 4.4 percent over the past 12 months.
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A gross sales to new listings ratio between forty% and 60% is usually in step with balanced housing market conditions, with readings above and under this vary indicating sellers' and patrons' markets respectively.
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The Candler family offered its stake in Coca-Cola again in 1919 and turned to real estate improvement.
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