- Sales of existing homes in Wisconsin jumped 17 percent in July.
The median sale price rose 9 percent.
A report from the Wisconsin Realtors Association Monday says almost 73-hundred homes were sold in the state last month.
That's up by more than a thousand from July of 2012.
The statewide median home price increased to 155-thousand dollars.
Improvements in the economy and jobs were factors in home-buying last month.
But Marquette University economics professor David Clark says rising mortgage rates probably encouraged people to act now.
Concerns that prices are going up also likely played a part.
In the northern region of Wisconsin, home sales for July were up 11 percent compared to a year ago.
The median home price in the north stayed steady at 130-thousand dollars.
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Story By: Associated Press