Report: Metro Milwaukee housing market ranked third healthiest

Nationwide report lists most sustainable housing markets

The metro Milwaukee housing market is the third healthiest in the nation, according to a new Health of Housing Markets Report from Columbus, Ohio-based Nationwide.

The metro Milwaukee area’s housing market ranked behind only Springfield, Ill. and Niles-Benton Harbor, Mich., according to the report.

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“The most sustainable markets in the nation tend to be located in the Midwest, with steady job gains, accelerating household formations, and house price appreciation that is mostly in line with incomes,” the report states.

The U.S. housing market continues to see positive momentum, according to the report.

“The U.S. housing market is healthy with little chance of a housing downturn in the next year,” the report states.

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.

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