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RHODE ISLAND ASSOCIATION OF REALTORS®, INC.

"The Voice of Real Estate in Rhode Island"
Serving Rhode Islanders Since 1948
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Press Release

Contact: Kerry Park
Ph: 401-432-6948
Email: kerry@rirealtors.org

 

Press Releases - 2014

January 2015

Rhode Island Single Family Home Sales Activity and Median Price Increase in Fourth Quarter

Warwick, RI, January 28, 2015… Home sales statistics released today by the Rhode Island Association of Realtors showed a strong uptick in the housing market in the fourth quarter of 2014. The number of homes sold during the last three months of the year rose six percent from the same time period in 2013. Full Story

Positive Trends for RI's Housing Market in December

Warwick, RI, January 23, 2015...The year ended on an upswing in Rhode Island’s housing market, with December’s single family home sales increasing 18 percent from the previous year.  The statistics, reported today by the Rhode Island Association of Realtors, also showed a four percent uptick in median price from 12 months earlier. Full Story

December 2014

Home Prices Continue to Rise in November

Warwick, RI, December 23, 2014... The median price of single family home sales rose three percent in November from 12 months earlier, according to data released by the Rhode Island Association of Realtors.  Sales activity slipped moderately from 681 sales in November, 2013 to 665 sales last month. Full Story

November 2014

Double-digit price increases in Rhode Island’s Housing Market in October

Warwick, RI, November 26, 2014... Activity in Rhode Island’s single family home market increased five percent last month from twelve months earlier, and the median price rose to $232,000.  October’s price represented a 14 percent increase from the prior year and the highest monthly median price since June, 2013. Full Story

Tucson REALTORS® CEO Tedesco to Lead Rhode Island Association of REALTORS®

Warwick, RI, November 20, 2014…Philip Tedesco, CEO of the Tucson Association of REALTORS® (TAR) and TAR Multiple Listing Service has been named CEO of the Rhode Island Association of REALTORS® (RIAR) and State-wide Multiple Listing Service. He will assume the Rhode Island post in mid-January. Full Story

October 2014

Stability in RI Housing Market Continues in Third Quarter

Warwick, RI, October 29, 2014… Rhode Island’s single family home sales changed little in the third quarter from a year earlier according to sales statistics released by the Rhode Island Association of Realtors today. Full Story

Dean deTonnacourt Named 2014 Rhode Island REALTOR® of the Year

Warwick, RI, October 28, 2014…The Rhode Island Association of Realtors (RIAR) has announced that Dean deTonnancourt of West Warwick, Rhode Island, has been chosen by his peers as the 2014 Rhode Island Realtor of the Year.  Full Story

State-Wide Multiple Listing Service Announces 2015 Officers Ryan Antrop Named 2015 President

Warwick, RI, October 28, 2014 …State-Wide Multiple Listing Service (MLS) has announced the organization’s new officers for 2015.  Paul “Ryan” Antrop of Residential Properties in Cumberland, Rhode Island has been elected president of the real estate data exchange service.  Full Story

RI Association of REALTORS® Announce 2015 Officers Bruce Lane Named 2015 RIAR President

Warwick, RI, October 28, 2014 …Bruce D. Lane of Williams and Stuart Real Estate in Cranston has been elected the 2015 President of the Rhode Island Association of REALTORS® (RIAR).  Full Story

After 20 Years with RI Association of REALTORS® and State-Wide Multiple Listing Service, CEO Announces Retirement

Warwick, RI, October 21, 2014...Susan Arnold, Chief Executive Officer/General Counsel of the Rhode Island Association of REALTORS® (RIAR) and State-Wide Multiple Listing Service (MLS), has announced her retirement, effective at the end of this year.  Full Story

September 2014

REALTORS RELEASE AUGUST HOME SALES DATA

Warwick, RI - September 25, 2014…According to statistics released today by the Rhode Island Association of Realtors, the median price of single family home sales fell three percent in August from 12 months earlier to $218,000.  Full Story

August 2014

Home Prices Hold Steady as Sales Decline Slightly in July

Warwick, RI, August 27, 2014... July sales statistics released by the Rhode Island Association of Realtors showed continued stabilization of the Rhode Island housing market in July. The median single family home sale price rose less than one percent from the year prior while sales activity declined by three percent.  Full Story

June Median Home Sale Price Among Highest Since August 2008

Warwick, RI, August 12, 2014... Rhode Island’s median price of single family home sales in June declined four percent from the prior year. With the exception of June of last year however, this June’s median price reached the highest dollar value since August, 2008. Full Story

July 2014

RI Home Price Gains Continue in Second Quarter

Warwick, RI, July 23, 2014...The median priced single family home sold for $11,000 more in the second quarter of this year compared to the same period the prior year, clear evidence that Rhode Island homeowners are realizing strong gains in equity in the current housing recovery. Full Story

June 2014

Median Price Still Up While Sales Activity Moderates

Warwick, RI, June 24, 2014… According to data released by the Rhode Island Association of Realtors today, the median sales price of existing single family homes in Rhode Island rose .7 percent in May to $208,950.  With the exception of February of this year, the median sales price has risen every month from the prior year since October, 2012.  Full Story

May 2014

Solid Price Gains in Housing in April

Warwick, RI, May 27, 2014…The Rhode Island Association of Realtors reported that the median price of single family home sales rose sharply last month, increasing 17 percent from the prior year, to $210,000.  Full Story

RI Home Prices Rise in First Quarter

Warwick, RI, May 1, 2014… Rhode Island’s housing market continued to improve in the first quarter, with single family home sales rising two percent and median price rising by five percent to $195,000.  Full Story

April 2014

RI Home Prices on the Rise

Warwick, RI… April 25, 2014 - The Rhode Island Association of Realtors released March sales statistics today that highlighted escalating home prices.  At $205,000, March’s median sales price was the highest price recorded at the end of the first quarter since 2008.  Full Story

March 2014

Despite Slowing Sales in February, Data Indicate that RI's Housing Recovery Remains on Track

Warwick, RI… March 27, 2014 - Rhode Island single family home sales fell in February, down five percent from February 2013, and data showing a decline in sales under contract but not yet sold also indicates fewer sales in the weeks ahead.  The statistics, released today by the Rhode Island Association of Realtors (RIAR), indicate a moderating market, in all likelihood affected by bad winter weather and worries about flood insurance increases mandated by legislation that was repealed by Congress this month. Full Story

February 2014

RI Home Sales Start Off Strong in January

Warwick, RI, February 28, 2014… Rhode Island's housing market had a strong start for the year with single family homes sales rising nearly 12 percent and median price increasing 11 percent in January, despite home sales across the nation faltering last month. Full Story

January 2014

2013 A Year of Solid Growth in Rhode Island's Housing Market

Warwick, RI, January 30, 2014… Rhode Island sales of single family homes remained relatively flat in the fourth quarter of 2013, rising just one percent from the fourth quarter of 2012.  The median price of those sales rose three percent to $201,000.  Full Story

Inventory Reaches Multi-Year Low

Warwick, RI, January 29, 2014… Statistics released by the Rhode Island Association of Realtors show that the single family home median sales price rose eight percent in December from 12 months earlier, to $200,000. The number of sales however, fell by 2 percent. Full Story

Government Shutdown Affects November Sales

Warwick, RI, January 7, 2014... Single family homes sales activity slowed by 11 percent in November from 12 months prior, likely resulting from a combination of the October government shutdown which delayed many transactions, and rising interest rates and prices.  Full Story