Foreclosure activity across the United States dropped to its lowest in a decade during the first half of 2015, according to data released Thursday.

A total of 597,589 properties were at some stage of the foreclosure process from January to June, said RealtyTrac, which tracks housing market trends.

Foreclosure activity, which includes foreclosure notices, scheduled auctions and bank repossessions, were down 13 percent from the second half of last year and down 3 percent from the same period of 2014.

Foreclosure starts fell 4 percent to 304,439 in the first half of this year, the lowest since RealtyTrac started tracking the data in 2006.

“U.S. foreclosure starts have not only returned to pre-housing crisis levels, they have fallen well below those pre-crisis levels and are still searching for a floor,” said RealtyTrac Vice President Daren Blomquist in a statement.

U.S. Foreclosure Activity In First Half Of 2015 Fell To 10-Year Low

by Reuters time to read: 1 min
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