Is the housing bubble leaking? The rate of increase in prices of existing homes is slowing, a tracking firm reports.

Statistics issued by SalesTraq indicated an easing in median price of existing home in recent months, the March 24 Review-Journal reported. For February the existing home median price was $279,900. That compares with $277,000 for January, $284,970 for December, $281,648 for November, $281,250 for October, and $284,500 for September.

"My Realtor friends have been whining about how slow the resale market is," SalesTraq President Larry Murphy told the R-J. "Volume is down and prices are not increasing that much."

In the new construction category, new home sales rose 22 percent in February to 2,853 and median prices jumped 11.5 percent to $313,990, SalesTraq reported.