Realtors: R.I. home sales in July gain, but momentum is slowing

EVEN AS RESIDENTIAL SALES CONTINUED increasing in July on a year-over-year basis, the Rhode Island Association of Realtors noted that listings are declining, which could be a drag on future home sales. / COURTESY RHODE ISLAND ASSOCIATION OF REALTORS
EVEN AS RESIDENTIAL SALES CONTINUED increasing in July on a year-over-year basis, the Rhode Island Association of Realtors noted that listings are declining, which could be a drag on future home sales. / COURTESY RHODE ISLAND ASSOCIATION OF REALTORS
WARWICK – Sales of single-family homes in Rhode Island rose again in July, by 7.5 percent in volume and 9.8 percent in price, according to the Rhode Island Association of Realtors. Statewide, 1,140 houses were sold in July, and the median price rose to $262,500, according to the association. The statistics compare year-to-year figures. Signs…

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