Even as home prices rise, R.I. still among lowest current compared with peak

HOME-PRICE APPRECIATION was solid from May 2015 to May 2016 in Rhode Island and in the Providence-Fall River-Warwick metropolitan area but fell slightly short of national increases, 5.4 percent and 5 percent, respectively, compared with 5.9 percent across the United States. / COURTESY CORELOGIC
HOME-PRICE APPRECIATION was solid from May 2015 to May 2016 in Rhode Island and in the Providence-Fall River-Warwick metropolitan area but fell slightly short of national increases, 5.4 percent and 5 percent, respectively, compared with 5.9 percent across the United States. / COURTESY CORELOGIC
PROVIDENCE – Single-family home prices increased 5.4 percent in May in Rhode Island compared with a year earlier, according to CoreLogic. The real estate data tracker’s Tuesday release also reported that home prices, including distressed sales, increased 5 percent in the Providence-Fall River-Warwick metropolitan area over the year. The increases fell short of the national…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -