RI sees biggest home sale surge since 1999

PROVIDENCE, R.I. (WPRI) — Rhode Island saw a surge in home sales last month, marking the state’s most significant year-over-year upswing in a quarter-century.

The Rhode Island Association of Realtors announced Thursday that the state’s housing market saw a 30.3% rise in home sales in December. The spike marks the state’s “largest annual gain in sales since January 1999.”

New data reveals that the median price of a single-family home in Rhode Island also rose to $470,000, which is 10% higher than it was the same time last year…

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