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Wisconsin home sales rise 18 percent in May

Associated Press

Wisconsin home sales rise 18 percent in May

CREATED Jun. 18, 2013

MILWAUKEE (AP) -- Home sales in Wisconsin continue to rise.

The Wisconsin Realtors Association says May sales are up about 18 percent compared to the same month last year. It's the 23rd consecutive month of growth.

Prices are up as well. The Journal Sentinel reports the median price last month was $144,000. That's up 4.3 percent from a year earlier.

The number of homes on the market has also increased. New listings rose by about 16 percent statewide, compared to May 2012. Marquette University economics professor David Clark says home owners who previously tried selling their property and were unsuccessful are getting back into the market.

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Information from: Milwaukee Journal Sentinel, http://www.jsonline.com

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