Metro Milwaukee home prices up 4.8 percent

Prices up 5.6 percent statewide

Home for sale
Record year on track for Wisconsin housing market

Last updated on July 2nd, 2019 at 09:11 am

Home sale prices in the metro Milwaukee area increased by 4.8 percent in January 2016, compared to January 2015, according to Irvine-Calif.-based CoreLogic.

Home for saleHome sale prices in Wisconsin increased by 5.6 percent in 2015, according to CoreLogic.

Nationwide, home sale prices increased year-over-year by 6.9 percent in January 2016 compared to January 2015 and increased month-over-month by 1.3 percent in January 2016 compared with December 2015.

“Heading into the spring buying season, home prices continue to rise across much of the country,” Anand Nallathambi, president and CEO of CoreLogic, said in a statement. “With rates staying low for now and continued solid job and income growth, the spring buying season is shaping up to be a good one.”

Nationally, home prices are projected to rise 5.5 percent in 2016, according to CoreLogic.

For more economic out look stories visit http://www.biztimes.com/biztracker.

Sign up for BizTimes Daily Alerts

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

No posts to display