Projo Biz Blog

Spring housing market opens with lower prices, sales

2:01 PM Wed, Apr 16, 2008 |
By Lynn Arditi    Email this author |   Email this entry

Rhode Island's single-family house prices during January and February declined 9 percent, to $240,000, compared with $264,000 during the same two months of last year, according to The Warren Group, a Boston-based research firm.
House prices in the state have now declined for 11 consecutive months.
The report released today also shows that sales of single-family houses during the first two months of this year plunged 22 percent.

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