These markets are defying the trend
Though price gains have slowed down from a year ago nationally, it isn’t the case in some markets, Trulia’s Chief Economist Jed Kolko reports.
There are in fact 40 metros where prices have accelerated, concentrated in the Midwest and the South. The top five markets where price growth is speeding up are Dayton, Ohio, Louisville, Ky., Akron, Ohio, Palm Bay-Melbourne-Titusville, Fla., and Gary, Ind. However, Kolko notes that the accelerations aren’t as dramatic as the slowdowns.