Updated March 5 at 9:31am

Providence metro home prices continue increase in June

Providence metropolitan-area home prices rose 2.9 percent in June from the same period last year, according to the Lender Processing Services Home Price Index released Monday. More

To continue reading this article, please do one of the following.



Sign up to receive Providence Business News' newsletters
and breaking news alerts.  

real estate

Providence metro home prices continue increase in June

Posted:

JACKSONVILLE, Fla. – Providence metropolitan-area home prices rose 2.9 percent in June from the same period last year, according to the Lender Processing Services Home Price Index released Monday.

Prices in the Providence area reached $237,000 on the index last month compared with $231,000 in June 2012.

Residential sales prices in the area rose 1.1 percent from May, but remain 23.3 percent below their peak in June 2006, when they were at $310,000, LPS said. Prices have risen 3.5 percent from last December.

Nationally, year-over-year property prices climbed 8.4 percent last month to $229,000. United States home prices peaked at $270,000 in June 2006, according to the LPS index.

lps, lender processing services, providence metro-area home prices, below 2006 peak in rhode island

Comments

No comments on this story | Please log in to comment by clicking here
Please log in or register to add your comment
Latest News