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Feature Article: Commercial real estate sales volume hits $952M, an eight-year high
Commercial real estate has been on the rise in terms of sales volume in the past couple of years. According to a recent article, the East Baton Rouge Parish is experiencing the most real estate sales volume in eight years. With the volume being around $632 million last year, realtors can see an exponential difference from this year to last year. The market has been prospering due to low interest rates, but it is to be expected for such high sales volumes to come to a halt with interest rates beginning to rise again.
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