Updated August 24 at 7:26pm
Housing
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Home prices in the U.S. rose 5.6 percent in the second quarter from a year earlier, extending gains that have cut into affordability for many buyers. more
The number of homes sold in Massachusetts dropped for the first time this year in July, by 12.5 percent compared with July 2015, The Warren Group said Tuesday. more
Purchases of new U.S. homes unexpectedly jumped in July to the highest level in almost nine years, led by soaring demand in the nation’s south and adding to signs of persistent housing-market strength. more
U.S. home construction unexpectedly accelerated in July to the fastest pace in five months, indicating the housing industry remains an area of support for the economy. more
Confidence among U.S. homebuilders climbed in August as steady job growth and low interest rates boosted prospects for the residential real-estate market in the second half of the year, according to data Monday from the National Association of Home Builders/Wells Fargo. more
West Warwick-based Arpin Van Lines topped the customer satisfaction category for the 10 largest household goods shipment service providers in the 22nd annual Nationwide Relocating Employee Survey published by Trippel Survey & Research. more
Rhode Island has the 10th highest first-mortgage write-off rate in the nation at 4.5 basis points, Equifax Inc. said Wednesday. more
The Ocean State has the 22nd-lowest mortgage closing costs in the United States, according to a Bankrate.com report released this week. more
A total of 1.5 percent of Rhode Island homes, or 4,853, are at risk of being underwater due to sea level rise, according to a recent analysis by Zillow. more
Rhode Island’s foreclosure inventory rate was 1.4 percent in June, 9.6 percent lower than a year ago, but above the national rate of 1 percent, CoreLogic said Tuesday. more
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