Economist looks at housing market for 2017
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Last year's housing market in Wisconsin was the best in at least 12 years, and an economist says several factors will be in play this year.

David Clark is with the Wisconsin Realtors Association. He says the state of the economy and job growth on one side, and interest rates and inventories on the other, with determine how 2017 looks.

Clark says the fundamentals in the economy are there to have a solid year. He says if inventories don't increase, prices will continue to climb above the rate of inflation.

Home sales rose by over six percent last year. The median price was up nearly 7-1/2 percent, to about $160,000.

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    The WHBY News team consists of News Director Mike Kemmeter, Carol Patrizi, and Trevor Smith.

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