- Associated Press - Monday, April 20, 2015

MILWAUKEE (AP) - The Wisconsin Realtors Association says sales of existing homes in Wisconsin jumped 16 percent in March, compared with the same time a year ago.

The median sales price rose almost 9 percent.

In a statement, association Chairman Dan Kruse says the housing market “is definitely heating up” heading into the prime home buying season.

The Milwaukee Journal Sentinel (https://bit.ly/1Qaqby7 ) reports sales of existing homes in Wisconsin totaled 5,424 last month, up from 4,672 in March a year ago.

The association cites two key factors for the sales and price growth: more people with jobs and interest rates that continue to hover near historical lows.

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

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