Warwick, R.I. –May 20, 2026 – Rhode Island’s spring housing market has seen growing inventory and increased sales for the past three months, a typical trend leading into the spring market. Year-over-year however, data released by the Rhode Island Association of Realtors shows that the Ocean State’s housing issues show little overall improvement.
Today, the MLS Board of Directors voted to remove the language in our Rules and Regulations that restricted distribution of Coming Soon listings via IDX, VOW, and third-party websites.
Warwick, R.I. --- April 22, 2026 – First-quarter single-family home sales fell by nearly nine percent year-over-year, and by the end of the quarter, March sales remained 5.3% below the prior year. The Rhode Island Association of Realtors reported that the Ocean State realized the slowest activity in single-family home sales last month since monthly record-keeping began in 2010. A 13.5% annual drop in pending sales also foretells a slower market heading into spring.
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Since January 1, 2024, independent contractors have been required to register once per year by filing a DWC-11-IC Designation of Status as an Independent Contractor form with the Rhode Island Department of Labor and Training.
Starting on July 1, 2026, owners of residential dwellings that are assessed at more than $1 million will be required to pay a new quarterly state property tax on the portion that is over $1 million unless the owners can document that (1) they live in the property for 183 days or more or (2) rent to tenants during the tax period. Starting on July 1, 2026, owners of residential dwellings that are assessed at more than $1 million will be required to pay a new quarterly state property tax on the portion that is over $1 million unless the owners can document that they live in or rent the property to tenants for 183 days or more.
On May 5th, RI REALTORS® is proud to sponsor a two-part event focused on bringing together federal, state, and community leaders; members of the disability community; and allies, to discuss issues that affect the disabled population.
First, join the United States Access Board at Bally's in Lincoln from 1 - 3 pm to speak up, listen and collaborate to improve access and inclusion across the Ocean State, then attend the Rhode Island Disability Summit from 4 - 7 pm.
The U.S. Department of the Treasury has announced that enforcement of the FIN CEN Residential Real Estate Reporting Rule is on hold following a court decision in Texas to vacate the Rule. The Rule, which took effect on March 1, 2026, imposed reporting obligations on certain non-financed residential real estate transactions that involve LLCS, corporations, trusts, and other entities. Two recent federal district court decisions have created immediate uncertainty regarding the future of The Rule.
Rhode Island’s housing policy landscape is evolving quickly this session, with several proposals that could significantly impact the real estate industry. Legislative hearings are often scheduled with as little as 48 hours’ notice, so members are encouraged to monitor agendas and participate by submitting written or oral testimony through the General Assembly.
The Committee Application Database will open in April with a NEW application process including an all-new Expertise Profile, in addition to all-new Committee Applications. The deadline to submit applications is June 24, 2026.
Warwick, R.I. – March 19, 2026 – In February, a combination of weather, economic uncertainty, and the continued critical supply shortage, caused R.I.’s home sales to fall 13.6% year-over-year, according to a new report released by the Rhode Island Association of Realtors. Last month’s 349 single-family home sales signified the lowest number of monthly sales recorded since February 2011. Pending sales, those under contract but not completed by month’s end, fell by 4.8%.