Updated April 30 at 5:24am
Economic Activity
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Hotel tax collections jumped nearly 25 percent in July when compared with July 2014, the state Department of Revenue reported Friday. more
Home prices in the Providence metro area improved 4.2 percent in July on a year-over-year basis, according to Black Knight Financial Services, placing the region’s urban core 28th among the nation’s 40 largest metro areas for home price improvement. more
With 1,906 single-family home sales in the first quarter, a 15 percent increase compared with the same period last year, Rhode Island experienced its busiest first quarter since 1986, the Rhode Island Association of Realtors said Wednesday. more
The city’s tallest building has lost nearly half its value over the past three years, according to the revaluation prepared for Providence by a commercial contractor. more
Bristol County is the place to grow up in Rhode Island in terms of earning power if you are poor, according to a New York Times article which studied Rhode Island counties to determine how location affects future income. more
Gasoline prices in Rhode Island and Massachusetts have fallen every week since early July, dropping 4 cents and 5 cents, respectively, according to AAA Northeast. more
Schools, organizations, community centers and artists were awarded approximately $143,000 in grants from the R.I. State Council on the Arts this month. more
Rhode Island had the fourth-highest percentage of mortgaged homes in negative equity at 12.3 percent in the nation in the third quarter, CoreLogic said Tuesday. more
Four historic redevelopment projects that had received property tax incentives from the city of Providence more than a decade ago are now seeking five-year extensions for the tax stabilization agreements, citing unanticipated setbacks caused by the national economic recession. more
When it comes to affluence, Barrington is the top community in Rhode Island. more
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