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Article: REAL ESTATE SALES UP SLIGHTLY.(Business)
- Article from:
- Albany Times Union (Albany, NY)
- Article date:
- April 26, 1992
CopyrightCOPYRIGHT 1992 Albany Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: James Denn Business writer
The value of real estate sold in the Capital District in the first quarter of the year rose 5 percent compared to the first quarter of 1991, providing a small break from a three-year downward trend.
According to a study of real estate activity conducted by the Sunday Times Union, $247.4 million worth of commercial and residential real estate was sold in the first three months of 1992.
In the first three months of last year $235.5 million worth of real estate was sold.
It has been three years since first quarter sales were above sales in the comparable period. In 1989 first quarter sales were $338.3 ...