Updated March 29 at 1:29pm
Housing
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Home prices climbed 5.6 percent in the Providence-Warwick-Fall River metropolitan area in December when compared with December 2015, CoreLogic said Tuesday. more
Jean Clarke is a Realtor with Re/Max River’s Edge, who specializes in East Providence, Pawtucket and other towns near and over the Massachusetts line. A real estate agent since 1986, she spoke to Providence Business News about trends on the eastern side of Providence. more
Bank Rhode Island recently provided a $2 million financing package for two Cranston properties. The deal was made with Pontiac Properties LLC and Grand Investment LLC for the acquisition of two multifamily homes in the Edgewood neighborhood. 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
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
The Providence-Warwick-Fall River metropolitan area ranked 71st on a list of the 100 best and worst cities for STEM professionals. more
Rhode Island had the seventh-highest percentage of noncurrent home loans in October at 7.3 percent, Black Knight Financial Services said this week. more
Where can one find the most expensive homes in Rhode Island? Block Island took this title in 2016, topping the million-dollar mark for median sales price, according to The Warren Group, which compiled a list of the most exclusive communities in Rhode Island, Massachusetts and Connecticut, based on sales data. 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
Sales of previously owned U.S. homes climbed for the fifth time in six months to the highest level since 2007, indicating housing-market momentum will extend into 2017, National Association of Realtors data showed Wednesday. more
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