May Existing Home Sales Decline Even as Median Prices Rise
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Steve Lane, WRA Chairman of the Board, and Michael Theo, WRA President and CEO
MADISON, Wis. – Existing home sales continued to lag behind 2013 levels but median prices rose by a solid margin in Wisconsin. May home sales dropped 6.9 percent compared to the May 2013 volume of sales. In contrast, median prices increased over the same period, rising 3.8 percent to $150,000.