R.I. home prices increase 14.5% Y/Y in Jan.

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THE RHODE ISLAND home price index increased 14.5% year over year in January. / AP FILE PHOTO/DAVID ZALUBOWSKI
PROVIDENCE – The home price index in Rhode Island increased 14.5% year over year in January, faster than the national rise of 10% in that time, according to CoreLogic Tuesday. “Record-low mortgage rates were a significant driving force behind last year’s rebound in housing market activity,” said Frank Martell, CoreLogic CEO and president. “However, heavy…

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