R.I. housing inventory falls to record low in February

THE MEDIAN PRICE of single-family homes sold in Rhode Island climbed 15% to $368,000 year over year in February, while sales decreased amid record-low housing inventory, the Rhode Island Association of Realtors said Thursday. / AP FILE PHOTO/STEVEN SENNE
WARWICK – The median price of single-family homes sold in Rhode Island continued to climb in February, rising 15% year over year, while sales decreased amid record-low housing inventory, the Rhode Island Association of Realtors said Thursday. The median sales price rose to $368,000, while the number of sales decreased by 10.6% to 555 in…

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