Updated March 28 at 3:28pm
Housing
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Home prices in the Providence-Warwick-Fall River metropolitan area and in Rhode Island rose 6.5 percent and 6.7 percent, respectively, in November compared with November 2015, CoreLogic said Tuesday. more
Contracts to purchase previously owned U.S. homes unexpectedly decreased in November on a sudden pickup in mortgage rates and limited inventory, according to figures released Wednesday from the National Association of Realtors in Washington. more
Home prices in the Providence-Warwick-Fall River metropolitan area rose 5.8 percent in October, to $269,000 from $254,000 in October 2015, Black Knight Financial Services said Tuesday. more
Purchases of new U.S. homes increased in November to the second-fastest pace in almost nine years as the beginning of a spike in mortgage rates persuaded buyers to quickly sign contracts. more
Single-family home sales climbed nearly 17 percent year over year in November to 898, and the median sales price rose 11.4 percent to $245,000, the Rhode Island Association of Realtors said Friday. more
(Updated 11:41 a.m.) Cash sales accounted for 21.8 percent of total home sales in September in the Providence-Warwick-Fall River metropolitan area, a 0.7 percentage point decrease compared with the rate in September 2015, CoreLogic said Wednesday. more
Sales of previously owned U.S. homes unexpectedly increased in November to the strongest level since early 2007, ahead of a jump in borrowing costs, National Association of Realtors data showed Wednesday. more
Rhode Island homeless assistance programs have received nearly $6 million in Continuum of Care grants from the U.S. Department of Housing and Urban Development, U.S. Sen. Jack F. Reed said Tuesday. more
Rhode Island’s foreclosure inventory rate dropped to 1.1 percent in October, but remained higher than the national rate of 0.8 percent, CoreLogic said Tuesday. more
Single-family home sales in the Ocean State climbed 12.2 percent in October, representing the 18th consecutive month of positive year-over-year sales growth, The Warren Group said Tuesday. more
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