NEW STUDY: Homeownership in Every Community in RI Is Functionally Unaffordable to the Average Buyer

Home prices in ten municipalities-Bristol, Central Falls, Hopkinton, Middletown, Narragansett, Newport, Pawtucket, Portsmouth, Providence, and Woonsocket-rose 50% or more since 2018, according to data released on Friday. Housing Works RI new data shows there is not a single municipality in Rhode Island where a household earning the median…

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