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Wisconsin Housing Posts Strongest First Half Since 2005

wtop.com

  Wisconsin home sales for the first half of 2016 are the highest in eleven years, that’s according state Economist David Clark. He says Wisconsin realtors sold about 38,150 homes from January through June; that’s about a 5.5 percent increase from June of last year. Clark says the number of available houses on the market has dropped by 14 percent causing prices to rise…

“…the northern region was actually quite a bit more; it was up 7.8 percent in terms of volume. The median prices were up about 5.7 percent.”

Clark says the median sales price statewide was 3.8 percent more than the year before at almost 175,000 dollars. He says 46,000 homes were up for sale last month compared to 72,000 in August of 2010 as the Great Recession was on its downside.

The Wisconsin Realtors Association report shows Oneida County’s sales were up 8.8 percent, Lincoln 13.6 percent, Vilas 18.9 and Iron was up 5.3 percent.

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