Real Estate Institute of Rhode Island

The Rhode Island real estate market is experiencing a significant shift as we head into the summer of 2026. F or the first time since January 2017, the median price for a single-family home in Rhode Island has experienced a year-over-year decline . Driven by inflation, economic concerns, and affordability challenges, overall home sales have dropped across all property categories. While supply rema...

Why Capital Gains Reform is the Key to Increasing Housing Inventory

If you tune into national real estate headlines, it’s easy to get a little anxious. Across the United States, foreclosure filings have been experiencing a gradual, year-over-year upward march. Driven by persistent affordability constraints, elevated mortgage rates, and rising homeownership costs, pockets of distress are appearing across the country. But as we always say at the Real Estate Institut...

In this episode, we are pulling back the curtain on the April 2026 Rhode Island housing market to explore the stark contradiction shaping our local real estate landscape. On the surface, the data presents a baffling paradox: the median price for a single-family home has shattered records to hit $529,000 (a steep 10.2% jump from last year), yet the actual number of closed sales has plummeted by 6.9...

The Q1 2026 Rhode Island Housing Paradox: Low Sales, Record Prices Description: Why are Rhode Island home sales hitting a 15-year low while prices simultaneously smash records? Welcome to the ultimate breakdown of the Ocean State’s single-family housing market for the first quarter of 2026. In this episode, we untangle the massive paradox defining the current market. We dive deep into the official...

If you’ve been active in the Ocean State rental market recently, you already know how competitive it has become. But according to the latest nationwide data from Zillow, the rest of the country is officially finding out. Providence has just claimed the No. 1 spot on Zillow’s list of the Hottest Rental Markets for Summer 2026. Edging out massive, historically high-stakes metros like New York City (...