Updated July 26 at 6:26pm
Economic Indicators
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The median sale price of a single-family home in June reached $372,000, the highest in Massachusetts history, surpassing the past record of $370,000 set in August 2005, The Warren Group said Tuesday. more
Purchases of new U.S. single-family homes rose in June to the highest level in more than eight years, indicating a firm and resilient housing market. more
Residential sales activity began to moderate in June from previous highs, possibly reflecting tighter inventory of houses listed for sale, according to the Rhode Island Association of Realtors. more
The Providence-Warwick-Fall River metropolitan area ranked 13th lowest among the 40 largest metropolitan areas in the country for its 4.4 percent home price growth over the year in May, Black Knight Financial Services said Monday. more
Construction employment fell 0.6 percent in Rhode Island in June, to 16,800 from 16,900 in June 2015, according to the Associated General Contractors of America. more
Passenger traffic at T.F. Green Airport increased 5.1 percent over the year in June, to 317,417 from 301,890, and 4 percent through the first six months of the year, to 1,764,679 from 1,692,204. more
Rhode Island’s seasonally adjusted unemployment rate for June was 5.5 percent, an increase of one-tenth of a percentage point from May, according to data released by the R.I. Department of Labor and Training on Thursday. more
(Updated 12:46 p.m.) Distressed sales accounted for 12.3 percent of all homes sold in Rhode Island in April, and 10 percent of all homes sold in the Providence-Warwick-Fall River metropolitan area that same month, CoreLogic said this week. more
Warwick is the most affordable place to live in Rhode Island, according to a SmartAsset study. more
The number of applications for U.S. unemployment benefits unexpectedly fell last week, reaching a three-month low, indicating the labor market remains steady. more
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