R.I. condo, multi-family sales fell in 2007

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WARWICK – Sales of existing multi-family homes and condominiums in Rhode Island both fell during 2007, according to year-end figures released today by the Rhode Island Association of Realtors. Multi-family home sales fell 27.3 percent to 1,254 in 2007, accelerating from the previous year’s 25.2-percent drop compared with 2005. The median price of multi-families sold…

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