Fitch Ratings: Tax reform may have contributed to slowing home price growth

HOME PRICE growth has decreased in the 10 states with the highest mortgage interest and property taxes, according to Fitch Ratings. /COURTESY FITCH RATINGS
PROVIDENCE – The 2017 federal tax reform, which put a new limit on a deduction for state and local property tax and mortgage interest, may have contributed to slowing home price growth in Rhode Island and other high-tax states. That’s the assessment of Fitch Ratings, which evaluated home price growth in the 10 states with…

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