WMSN FOX 47
 

FOX 47 - Top Stories

MADISON, Wis. -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.


Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



Home sales decline in WI for 5th month

Video List

Advertise with us!
Advertise with us!

Tonight on FOX 47

12:00pm Ring of Honor Wrestling
1:00pm Big Bang Theory
1:30pm
Two and a Half Men
2
:00pm
Modern Family
2:30pm
Modern Family
3
:00pm Guinness International Championship Cup: "Manchester United vs. AS Roma"
5:00pm FOX UFC Saturday Prelims
7:00pm UFC on FOX Saturday
9:00pm FOX 47 News at 9
9:30pm Inside the Huddle Training Camp Special
10:00pm Animation Domination
11:00pm Ring of Honor Wrestling
12:00am
The Arsenio Hall Show


Complete FOX 47 Schedule

To FOX.com

Advertise with us!
IE6 Float Fix