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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 - 2015

December 2015

November Home Sales Activity Up in RI Housing Market

Warwick, RI, December 22, 2015...Year over year gains in sales activity in Rhode Island’s single family home market were reported by the Rhode Island Association of Realtors today.  Both closed sales and sales under contract rose by double digit amounts in November.   Full Story

November 2015

October Single Family Home and Condo Sales Continue to Outpace 2014

Warwick, RI, November 24, 2015...Rhode Island's single family home sales rose eight percent in October compared to a year earlier, continuing an upward trend in closing activity that began a year ago.   The median price of those sales dropped three percent according to data released today by the Rhode Island Association of Realtors.  Full Story

Salvatore Named Government Affairs Director for R.I. Association of Realtors

Warwick, RI, November 9, 2015... David Salvatore of Providence has been named government affairs director for the Rhode Island Association of Realtors.  His primary responsibilities will involve the Association’s outreach efforts concerning legislative and regulatory initiatives with potential impact on real estate and housing.   Currently a policy analyst for the Rhode Island House of Representatives, Salvatore will bring a wealth of public policy experience to his new position.  Full Story

October 2015

Rhode Island's Housing Market Stays Strong in 3rd Quarter

Warwick, RI, October 29, 2015... It was a busy third quarter in Rhode Island’s housing market according to sales statistics released by the Rhode Island Association of Realtors.  Home sales activity was significantly greater than the third quarter of 2014 and homeowners saw solid gains in price appreciation.  Full Story

Yatsko Named 2016 President of the R.I. Association of Realtors

Warwick, RI, October 28, 2015...The Rhode Island Association of Realtors (RIAR) has announced that Arthur Yatsko, GRI, AHWD, ESRES, will serve as 2016 president of the 4300-member organization.  Yatsko, the Broker/Owner of the Salisbury Agency, will assume the presidency upon his return from the National Association of Realtors Conference in San Diego, CA in November. Full Story

Duane Boucher Named 2016 President of State-Wide Multiple Listing Service

Warwick, RI, October 28, 2015…Duane Boucher of Boucher Real Estate in Woonsocket will lead State-Wide Multiple Listing Service (MLS) as President in 2016. The real estate information exchange service also elected 2016 Vice President, Mindy Lane of Berkshire Hathaway HomeServices Gammons Realty in East Greenwich and 2016 Treasurer, Richard Carrubba of Berkshire Hathaway HomeServices in Newport, RI. Full Story

National Association of Realtors Omega Tau Rho Award Presented to Warwick REALTOR

Warwick, RI, October 23, 2015...The Rhode Island Association of Realtors has announced that Dean deTonnancourt of West Warwick, RI, has been inducted into the Omega Tau Rho fraternity of the National Association of Realtors.  Membership in the honorary fraternity is represented by the Medallion of Service which is awarded as a token of the high esteem in which inductees are held by their fellow Realtors and symbolizes the recognition and appreciation accorded to them for their contributions to the National Association of Realtors and its institutes, societies and councils. Full Story

Housing Market Momentum Continues in September

Warwick, RI, October 26, 2015… September home sales activity continued to outpace that of last year, with the number of single family home closings rising nearly ten percent from September, 2014. Median price also increased almost 12 percent to $230,000. Full Story

Luca Named 2015 Rhode Island REALTOR® of the Year

Warwick, RI... October 23, 2015 - The Rhode Island Association of Realtors (RIAR) has announced that Joseph Luca of RE/MAX Preferred in North Providence was chosen by his peers as the 2015 Rhode Island Realtor of the Year. The award recognizes one of more than 4000 Realtors throughout Rhode Island for their dedication to the Realtor organization and their local communities. Full Story

September 2015

Rhode Island’s Housing Market Solid Near Summer’s End

Warwick, RI, September 21, 2015…The Rhode Island Association of Realtors reported that single family home sales increased from the prior year for the ninth consecutive month in August, the longest running uptick in sales activity since 2012. Median price also rose eight percent to $235,000 from August, 2014 and pending sales – homes under contract but not yet closed - increased 10 percent.  Full Story

August 2015

Housing Momentum Remained Strong in July

Warwick, RI, August 24, 2015... Rhode Island’s single family homes sales increased 14 percent in July from 12 months earlier while the median price of those sales rose 10 percent to $239,000.  The monthly housing data released today by the Rhode Island Association of Realtors also show a 16 percent increase in the number of homes under contract compared to the same time period last year.   Full Story

July 2015

Realtors Release Sales Statistics Showing Strong Second Quarter in Rhode Island’s Housing Market

Warwick, RI, July 29, 2015... The Rhode Island Association of Realtors released sales statistics today from State-Wide Multiple Listing Service, an association subsidiary which tracks all Realtor-assisted sales. The data relayed a Rhode Island housing market that continues to gain momentum.  Full Story

Number of Single-Family Homes Sold in Rhode Island in June Highest in 16 Years

Warwick, RI, July 27, 2015... According to the Rhode Island Association of Realtors, last month was the most active month in Rhode Island single family home sales in sixteen years, surpassing even the busiest month during the pre-recession housing boom. In June, 1094 existing single family home sales took place, a comparable number to the 1099 sales transacted in June of 1999.  Full Story

June 2015

Rhode Island Pending Contracts Indicate Strong Housing Market This Summer

Warwick, RI, June 30, 2015...The Rhode Island Association of Realtors released sales data today which showed that single family home sales climbed upward in May, with the number of sales rising six percent from 12 months earlier.  The median sales price increased nine percent to $227,500.  Full Story

REALTOR Association Responds to House Passage of Tax on Short Term Private Home Rentals

Warwick, RI, June 18, 2015 –The Rhode Island Association of Realtors (RIAR) today issued the following statement from President Bruce Lane regarding the proposed tax on short term private home rentals...  Full Story

May 2015

Activity Building in Rhode Island's Housing Market

Warwick, RI, May 28, 2015…The number of Rhode Island’s single family home sales rose two percent in April from 12 months earlier, while the median price of single family homes sold fell by five percent. April’s moderating market was the result of harsh winter weather in February and March, according to the Rhode Island Association of Realtors, which released April’s Rhode Island home sales statistics today.  Full Story

April 2015

Rhode Island's Housing Market Continued to Improve in First Quarter

Warwick, RI, April 29, 2015… Even with near record-breaking snow fall, Rhode Island’s housing market continued to improve in the first quarter. Sales activity among single family homes rose five percent year over year and the median sales price increased four percent to $202,500. Full Story

RI Home Closings Increase Moderately in March Despite Harsh Weather in February

Warwick, RI, April 27, 2015… Despite harsh winter weather, single family home sales held their own in March.  Sales activity increased two percent from 12 months earlier and the median sales price remained stable at $206,000, a slight increase from the median price of $205,000 in March, 2014. Full Story

March 2015

Sales of Single Family Homes Rise by Double Digits in February

Warwick, RI, March 26, 2015… Rhode Island’s single family home sales climbed 14 percent in February from twelve months earlier, according to statistics released today by the Rhode Island Association of Realtors.  The median price of those sales also increased, rising from $185,000 in February of 2013 to $194,500 last month. Full Story

February 2015

Solid Start to the Year for Rhode Island Home Sales

Warwick, RI, February 26, 2015...The momentum that began building in Rhode Island’s housing market toward the end of last year has carried into this year, according to the Rhode Island Association of Realtors.  The median price of single family homes rose six percent in January from 12 months earlier to $206,000 and sales activity rose three percent.  Full Story

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