Housing sales up in region, down in state

Home sales were down in the state last month compared to February of last year.

Economist David Clark of the Wisconsin Realtors Association says they slipped by 2.6 percent. That wasn't the case in the northeast region, where sales were up by 6.1 percent.

Clark says supply is the biggest driver in the market right now. He says while inventories are tight throughout the state, they're not as bad in the northeast region.

Clark says the statewide median price was up 6.1 percent to nearly $155,000. In the northeast region, prices rose by 3.1 percent to $132,000.