State Home Sales Surge in 2006; Despite Falling Real Estate Markets Nationwide, Wisconsin Hits Peak in First Quarter
The Milwaukee Journal Sentinel › May 17, 2006
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Summary
Wisconsin's housing resale market set a new first-quarter peak this year, even as the national boom faltered.
Sales volume rose an annualized 3.5% to 30,525, as median price rose 3.6% to $158,200, the Wisconsin Realtors Association reported Tuesday. That coincided with 1.7 million resales nationwide, 2.1% below a year earlier, and a $217,900 median price, according to the Chicago-based National Association of Realtors.See the full content of this document
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State Home Sales Surge in 2006; Despite Falling Real Estate Markets Nationwide, Wisconsin Hits Peak in First Quarter
"It's a balancing act, but so far a stronger economy has more than offset the dampening effect of rising interest rates," said Marquette University economist David E. Clark.
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