Housing rebound continues in Wisconsin

CREATED May 21, 2013

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MILWAUKEE (AP) -- Housing sales in Wisconsin continue to rebound.

April brings a 22nd consecutive month of growth with sales up 9 percent compared to the month previous. The median price for existing homes rose 8 percent.

The Wisconsin Realtors Association president Michael Theo says the supply of homes has decreased and low mortgage rates have attracted more people to the market.

The Journal Sentinel (http://bit.ly/16EvUIe ) says the median prices of homes sold in the state last month was $138,000, compared to $128,000 in April of last year.

Through the first quarter of the year, sales in Wisconsin are up nearly 11 percent.

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