News

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.

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%.

Warwick, R.I. – The Realtor Foundation: Rhode Island and RIHousing today announced a new round of their RI Realtors Homebuyer Grant, with $50,000 available in down payment and closing costs assistance for Rhode Island families purchasing their first home. This additional program funding comes after a successful first round in 2025, which saw 49 families assisted in buying a home.

Rhode Island’s housing market was off to a slow start in 2026, having experienced the lowest single-family home sales at the beginning of the year since 2011. With just 429 homes sold statewide in January, sales activity fell 7.3% from 12 months prior. 

Warwick, R.I., January 22, 2025 – Rhode Island’s housing shortage showed little improvement from December 2024 to December 2025, contributing to sustained price increases. Though the month closed out with a 13.7% increase in the number of single-family homes listed on the market since December of last year, pent-up demand continued to deplete available inventory...

Warwick, R.I. – December 18, 2025 – Today, the Rhode Island Association of Realtors released sales data that reflects a slowdown in residential single-family home sales in November compared to 12 months earlier, while median sales price continued to rise. 

In October, single-family home sales in the Ocean State dropped 6.6% from 12 months earlier and pending sales, a strong indicator of sales activity ahead, dropped 11.4%. The sales data, released by the Rhode Island Association of Realtors showed supply remained unchanged. Based on October’s rate of sales, the current housing inventory would be exhausted in just 2.8 months without any new homes coming onto the market. At $505,000, October’s median sales price rose 4.1% year-over-year.

The Rhode Island Association of Realtors announced its new slate of 2026 officers. Michael Pereira of June Realty in Providence, R.I. will lead the 6000-member organization as President.

Warwick, R.I. -- November 10, 2025 – Crystal D’Agostino of Coventry, Rhode Island was recently selected as the 2025 Rhode Island Realtor of the Year. She was one of five local Realtor Association award recipients, all candidates for the statewide honor awarded annually by the Rhode Island Association of Realtors. 

 Warwick, R.I. – October 20, 2025 – After falling year over year in July and August, sales activity of single-family homes jumped in September, rising 19.5% from September 2024. At the same time, the median sales price climbed 9.3% to $530,000.