November home sales down slightly over the year

WisBiz 2

November home sales in Wisconsin were down 0.8 percent over the year, the latest report from the Wisconsin Realtors Association shows.

A total of 7,714 homes were sold last month in Wisconsin, according to the report, compared to 7,774 homes sold in November 2020.

"Very tight inventory continues to be a drag on sales, so it's quite remarkable that we are essentially even with last year's record pace," Mary Duff, chair of the board of directors for the WRA, said in the report. "The flip side is that the mismatch between weak supply and strong demand, especially among millennials, has kept ...

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