RealtyTrac found a 1 percent increase in March home sales month-to-month and also a 1 percent increase year-to-year. It found a statewide price decline of 2 percent month-to-month, but an 11 percent price increase year-to-year.
In some cities, prices continue to rise but at a slower pace. RealtyTrac points to Cape Coral-Fort Myers, Fla., as one example, where median home prices are up 86 percent from their bottom in November 2010. But while Cape Coral-Fort Myers recorded a peak year-to-year price increase of 30 percent in January 2013, its year-to-year price increase in March was 14 percent.
According to RealtyTrac analysts, many of the cities that are seeing a slower price increase are the ones that also saw the biggest price bounce earlier in the rebound.
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