Home sales decline in Wisconsin for 5th month

By: AP Email
By: AP Email

MADISON, Wis. (AP) -- Home sales in Wisconsin have declined for a fifth month in a row.

The Wisconsin Realtors Association said Monday that home sales were down 6.9 percent in May, compared to the same month a year earlier.

That's not all bad news.

Steve Lane is chairman of the association's Board of Directors. He says the state economy appears to be improving and unemployment is lower, and that can affect home sales.

Homes that are selling are commanding a better price. The median price in May was $150,000, up 3.8 percent from May 2013.

Wisconsin Realtors Association President Michael Theo also says lending reforms may have slowed the market.

Nationally, home sales were down 7 percent in the first four months of 2014 compared to the same time in 2013.


The comment sections of our web set are designed for thoughtful, intelligent conversation and debate. We want to hear from the viewers but we are not obligated to post comments we feel inappropriate or violate our guidelines. Here are some of the criteria you should follow when posting comments:

Comments cannot be profane or vulgar. Children and families visit this site. We will delete comments that use profanity or cross the lines of good taste.

We will delete all comments using hate speech. Slurs, stereotypes and violent talk aren’t welcome on our web site.

Comments should not attack other readers personally.

We will delete comments we deem offensive, in bad taste, or out of bounds. We are not obligated to post comments that are rude or insensitive.

We do not edit user-submitted comments.

As a host WEAU 13 News welcomes a wide spectrum of opinions. However, we have a responsibility to all our readers to try to keep our comment section fair and decent. For that reason WEAU 13 News reserves the right to not post or to remove any comment.
powered by Disqus
WEAU 13 NEWS 1907 S. Hastings Way Eau Claire, WI 54701 By Phone: Main Number (715) 835-1313 and (715) 832-3474. Tip Line (715) 839-WEAU - (715) 839-9328 Sports Line (715) 852-1537
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 264271731 - weau.com/a?a=264271731
Gray Television, Inc.