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Prospective buyers shy away from RI's housing market as prices keep climbing

Summary by WPRI 12
PROVIDENCE, R.I. (WPRI) — The number of prospective buyers jumping into Rhode Island's housing market is starting to wane as the cost to purchase a home continues to climb, according to the R.I. Association of Realtors. The number of single-family home sales dropped 8.8% year-over year last month. Statewide data reveals the number of pending contracts also fell 10.1% from the same time last year. The median price of single-family homes in Februa…

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WPRI 12 broke the news in East Providence, United States on Wednesday, March 26, 2025.
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