MILWAUKEE — The Wisconsin Realtors Association says sales of existing homes in Wisconsin jumped 16 percent in March, compared with the same time a year ago.
The median sales price rose almost 9 percent.
In a statement, association Chairman Dan Kruse says the housing market "is definitely heating up" heading into the prime home buying season.
The Milwaukee Journal Sentinel (http://bit.ly/1Qaqby7 ) reports sales of existing homes in Wisconsin totaled 5,424 last month, up from 4,672 in March a year ago.
The association cites two key factors for the sales and price growth: more people with jobs and interest rates that continue to hover near historical lows.
Information from: Milwaukee Journal Sentinel, http://www.jsonline.com