Price Climb Slows in RealtyTrac Survey

IRVINE, CA—RealtyTrac has released its February 2015 Home Price Appreciation Analysis which found that annual home price appreciation in February slowed compared to annual home price appreciation a year ago in 60 of the 92 metros analyzed with a population of 500,000 or more and sufficient home price data.

The report also found that the US median home price in February increased 14% from a year ago but was flat from the previous month to $183,000. The median sales price of distressed homes — those in the foreclosure process or bank-owned — increased 13% from a year ago to $127,000, 33% below the median sales price of non-distressed properties, $190,000.