Milwaukee Home Sales Up 29% Over July 2011

Wisconsin Gay Real EstateThe metropolitan Milwaukee housing market enjoyed a hot July with sales increasing 29.2 percent compared with July 2011 sales, the Greater Milwaukee Association of Realtors said.

The reasons for the increase included historically low interest rates, low prices and improved consumer confidence, the group said Friday.

Four of five southeastern Wisconsin counties posted sales gains in July, led by Washington County, which was up 43.6 percent to 145 units sold from 101 units sold. Milwaukee County increased 29.2 percent to 899 units from 696 units; Waukesha County increased 32.5 percent, to 505 from 381, and Ozaukee County was up 5.4 percent to 117 units from 111 units.

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