- Associated Press - Tuesday, May 20, 2014

MADISON, Wis. (AP) - Home sales in Wisconsin dropped by 9 percent in April compared to last year.

Despite hopes for a spring turnaround, it marks the fourth consecutive month that sales have dropped compared to the previous year. The Wisconsin Realtors Association says unusually cold weather in February and March, combined with rising interest rates and home prices likely played a role in the decline.

Association economist David Clark tells the La Crosse Tribune (https://bit.ly/1jyOHe1 ) another factor in the slump could be a tightening inventory of homes on the market. The state median price for a home in April was about $140,000.


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

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide