Single-family sales price rose 12% in June in R.I.

Sales of single-family homes in June rose dramatically in Rhode Island on a year-over year basis. /COURTESY THE RHODE ISLAND ASSOCIATION OF REALTORS
Sales of single-family homes in June rose dramatically in Rhode Island on a year-over year basis. /COURTESY THE RHODE ISLAND ASSOCIATION OF REALTORS
WARWICK – High demand for single-family houses and a low supply of listings are fueling this year’s price and sale escalation, according to the Rhode Island Association of Realtors. Its latest numbers, for June sales, reveal the median sales price for a single-family home rose 12.2 percent from June 2016, while sales volume increased 10.2…
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