Home Economy R.I.’s high-end home market has room to run in 2022

R.I.’s high-end home market has room to run in 2022

WHITE-HOT: The $30 million sale of Newport’s Clarendon Court last year set a new record for the highest price ever paid for a home in the Ocean State. / 
COURTESY MIKE OSEAN
WHITE-HOT: The $30 million sale of Newport’s Clarendon Court last year set a new record for the highest price ever paid for a home in the Ocean State. / 
COURTESY MIKE OSEAN

What goes up must come down, we’ve been taught, except apparently when it comes to high-end home sales in the Ocean State. Last year was the eighth consecutive in Rhode Island in which the number of homes selling for at least $1 million increased. But last year’s 698 sales – 45% higher than 2020 and

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