6-25-24 wisconsin home sales continue to grow

Homes sales in Wisconsin continue to grow.   The Wisconsin REALTORS® Association Real Estate Report shows  May 2024 home sales rose 11% compared to May 2023, and the median price rose to $315,500.  That’s  a 6.9% increase over the past 12 months.  Despite the increase in sales, the average 30-year fixed-rate mortgage rose 63 basis points over the  past 12 months, hitting 7.06% in May, causing affordability to drop to an all-time low.

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