The volume of commercial and industrial (C/I) real estate sales remains above average according to about one-third of respondents in a recent FDIC survey.
Perceptions of high volume peaked in July of 1998 (with 36% in the Northeast and 46% nationwide reporting an above average volume of sales activity). Still, in the recent April 1999 survey, 26% in the northeast and 35% nationwide continued to see an above average volume of C/I sales.
Above average volumes began to be seen in 1995.
The overall FDIC survey index for C/I properties is 65 nationally and 70 in the northeast. An index above 50 indicates an improving C/I real estate market and an index below 50 indicates a declining real estate market.
Stephen Traub, ASA
Publisher, PVM SM
The author, Stephen Traub, ASA, is Chief Commercial Appraiser
for Property Valuation Advisors, Newburyport, MA. He is a certified
general appraiser in NH, ME and MA. He can be reached at 978-462-4347 or:
by e-mail: ![[Mailbox]](mailbox.gif)
straub@shore.net
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