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Wednesday, January 18, 2023

2022 closes with continued drop in R.I. home sales

By RI REALTORS

Warwick, R.I, -- January 18, 2023 – Single-family home sales data released today by the Rhode Island Association of Realtors relayed a 41.4% year-over-year drop in December in closed transactions compared to one year earlier.  And, while the median price of those sales still showed a 4% annual gain, the rate of appreciation has decreased considerably throughout the second half of 2021.

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