Economy Watch: Milwaukee home prices rising; sales slowing

Jul 22, 2022 | Wisconsin Voices Blog

IRG’s take: The housing market in Wisconsin has begun to slow down from 2021’s record setting year. However, sales through the first half of 2022 recorded their ‘second best stretch ever’, leading realtors to argue that we have yet to see the effects of rising interest rates. It is important to note that most of the sales recorded through June included buyers with financing locked-in prior to recent rate hikes.