Home buying & selling in Yankton is increasing

YANKTON, S.D.(WNAX)- Even as mortgage interest rates rise, buying and selling homes continues rapidly.

Yankton real estate agent Mason Schramm says the trend continues.

Schramm says there is a low inventory of available homes.

Schramm says demand for new housing is also continuing.

Thirty year mortgage rates have ticked above four and a half percent after months of being in the two to two and a half percent range.