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November sees weak inventories
Home sale prices ramp up, according to WRA
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MADISON — Tight inventories continue to be the key driver of Wisconsin’s housing market, according to the most recent analysis of the existing home market by the Wisconsin Realtors Association. Specifically, closed sales in November were slightly below those of November 2018, falling 0.8%, and median prices rose 6% to $194,000 over that same period. On a year-to-date basis, home sales trailed the pace established in the first 11 months of 2018 by 1.4%, whereas median prices increased 6.9% to $197,500.