R.I. HPI growth highest in N.E. in Nov.

THE RHODE ISLAND home price index increased 6.5 percent in November, the highest growth of any New England state. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
THE RHODE ISLAND home price index increased 6.5 percent in November, the highest growth of any New England state. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT
PROVIDENCE – The home price index in Rhode Island in November increased 6.5 percent year over year, the largest percentage increase in New England, according to CoreLogic Wednesday. Nationally, the HPI increased 5.1 percent year over year in November. “The rise in mortgage rates has dampened buyer demand and slowed home-price growth,” stated Frank Nothaft, chief…

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