Rhode Island Real Estate in February: Sales Up 4% YoY, Inventory Down 49% YoY - InvestingChannel

Rhode Island Real Estate in February: Sales Up 4% YoY, Inventory Down 49% YoY

Note: I’m posting data for many local markets around the U.S. The story is the same everywhere … inventory is at record lows.

For for the entire state Rhode Island:

Closed sales (single family and condos) in February 2021 were 776, up 4.2% from 745 in February 2020.

Active Listings (single family and condos)  in February 2021 were 1,569, down 48.5% from 3,046 in February 2020.

Related posts

Idiocy in Spain: Bank Proposal to Build More Houses, Issue More Mortgages, Despite Massive Inventory and Enormous Drop in Sales

Mish Global Economic Trend Analysis

Sky City: China to Build World’s Tallest Building, 220 Stories, in 90 Days

Mish Global Economic Trend Analysis

It’s No Wonder People Don’t Understand the “Public” Debt

Angry Bear

EU Budget Laugh of the Day “No One Is Discussing Quality”

Mish Global Economic Trend Analysis

Via Barry Ritholtz’s  Big Picture comes this PBS six minute …

Angry Bear

Politics and Specific Policies

Angry Bear