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RI Home Prices Still on the Rise in First Quarter

Warwick, R.I. – April 30, 2019 – According to first quarter sales statistics from the Rhode Island Association of Realtors, the median price of single-family home sales increased two percent from the first quarter of 2018 to $255,000. Nine municipalities saw double-digit increases in median price with Westerly leading the pack with a 27.8 percent gain. Median price reflects the mid-point of all sales, with half sold for less and half sold for more. Only twelve municipalities experienced a decline in median sales price. .

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Home Buying Season Begins with Increased Inventory and Lower Mortgage Rates

Warwick, RI – April 22, 2019 -- Home sales data released today by the Rhode Island Association of Realtors shows favorable trends for spring home buyers as inventory continues to rise and mortgage rates remain low..

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Rhode Island’s housing supply shows February gains

Warwick, RI – March 21, 2019 -- February sales data released today by the Rhode Island Association of Realtors and its subsidiary, State-Wide Multiple Listing Service show signs of promise for buyers who have been hindered by low inventory in Rhode Island’s housing market for the past several years. .

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