R.I. home sales drop in July while prices rise

THE MEDIAN PRICE of single-family homes sold in Rhode Island continued to climb in July, rising 6.8% year over year, while sales decreased for the sixth consecutive month, the Rhode Island Association of Realtors said Wednesday. / AP FILE PHOTO/STEVEN SENNE
WARWICK – The median price of single-family homes sold in Rhode Island continued to climb in July, rising 6.8% year over year, while sales decreased for the sixth consecutive month, the Rhode Island Association of Realtors said Wednesday. The median sales price in July rose to $410,000, as the number of homes sold fell by…

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