Home Sales Up In Wisconsin, Prices Down

Posted Tuesday, February 21, 2012 --- 6:25 a.m.

MILWAUKEE (AP) -- Statewide home sales rose nearly 11 percent in January, a typically slow period for the housing resale industry.

The Wisconsin Realtors Association says the year-to-year increase last month was boosted by a nearly 23 percent increase in activity in northeastern Wisconsin. While sales rose, the median price of a home in Wisconsin fell from about $128,000 to $119,000. Generally, prices are still lower than they were before the recession.

Marquette University economics professor David Clark consults for the Realtors Association. Clark tells the La Crosse Tribune (http://bit.ly/yaaTi8) that any significant improvement in the housing industry will depend on the state's ability to add jobs.

------

Information from: La Crosse Tribune, http://www.lacrossetribune.com

Copyright 2012. The Associated Press.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
NBC15 615 Forward Drive Madison, Wisconsin 53711 Business: 608-274-1515 Newsroom: 608-274-1500
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 139803533 - nbc15.com/a?a=139803533