Report: Providence area has nation’s 3rd-lowest homebuilding rate

Updated at 4:06 p.m.

THE PROVIDENCE metro area, including Warwick, had the third-lowest homebuilding rate among large metro areas across the U.S., according to a recent report by the Inspection Support Network. / PBN FILE PHOTO
PROVIDENCE – The capital region, including Warwick, has the third-lowest homebuilding rate among large metro areas across the U.S., according to a new report by the Inspection Support Network. To determine its rankings, researchers at the home inspection website analyzed data from the U.S. Census Bureau’s Building Permit Survey and Zillow’s Home Value Index. Researchers…

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