Rhode Island Appreciating in the 7% to 13% range

[Robert Adams]

Year-over-year property appreciation rates by state. RI is in the 7% to 13% range.

This map illustrates the top states for property appreciation rates year over year. Property appreciation is calculated based on repeat sales of the same properties, which can avoid the problem of trying to account for price differences in homes with varying characteristics. All states saw property appreciation in comparison to a year ago.

[Nancy DeSocio]

RI doesn’t usually rank high on any positive lists, so this is nice to read :) Thanks for posting!