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Cayman Compass: Property sales increase again in 2019

The Nest Residences at Seafire

Property transfers reached a new high last year after a 4.3% increase in sales over 2018. The 1,936 sales counted by chartered surveying practice Charterland in its annual property review resulted in a total sales value of $826 million, about 3.3% higher than in the year before.

Despite the larger number and value of sales, the average value per sale did not increase, as different sub-markets did not perform uniformly during the year.

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