Updated February 27 at 3:46pm
Housing
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Sales of previously owned U.S. homes climbed for the fifth time in six months to the highest level since 2007, indicating housing-market momentum will extend into 2017, National Association of Realtors data showed Wednesday. more
Home prices climbed 5.6 percent in the Providence-Warwick-Fall River metropolitan area in December when compared with December 2015, CoreLogic said Tuesday. more
(Updated, 3:45 p.m.) A former manufacturing building on Main Street will be razed and replaced with a 21-unit, residential condominium building, marketed to professionals who want to live near the town center. more
What holiday slump? The Rhode Island Association of Realtors reported sales and the median price for the single-family home both increased in December, and the sales volume exceeded all other Decembers on record. The number of single-family home sales rose 6.2 percent in December, compared to the same month in 2015. And the median sales price climbed by 3.7 percent, to $235,900, the association reported. more
The Omni Group has nearly completed its renovations to a mixed-use building at 125 Atwells Ave., with 19 modernized apartments expected to become available in the spring. more
The 85-unit Grant Mill in the Federal Hill neighborhood of Providence has been sold to a Massachusetts-based real estate investment company that is extending its reach into Rhode Island, according to broker CB Richard Ellis New England. more
Foreclosure petitions in the Bay State decreased by nearly 30 percent in December compared with December 2015, The Warren Group, publisher of Banker & Tradesman, said Tuesday. more
Single-family home sales in Rhode Island climbed nearly 21 percent in 2016 compared with 2015, The Warren Group said Tuesday. more
Rhode Island was among the top 10 states for home price appreciation in November, Black Knight Financial Services said Monday. more
To renovate, rebuild or move on? Those are the questions Rhode Island, Pawtucket and the Pawtucket Red Sox face after Pendulum Studio II LLC completed a feasibility study of what to do with McCoy Stadium. more
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