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by CareyBot

National home prices were up slightly in February from a year ago -- the first annual increase in more than three years -- but are expected to give up those gains and more later this year, according to a report from First American CoreLogic.First American CoreLogic's LoanPerformance Home Price Index showed prices up 0.3 percent in February from a year ago, compared to a 0.5 percent year-over-year price decline in January.The index currently shows a 30.6 percent decline in national home prices from an April 2006 peak, or 21.7 percent if distressed properties are excluded.But home prices remain vulnerable to pressure from rising interest rates, "shadow inventory" and the pending expiration of the federal homebuyer tax credit, the report said.The report predicts a softer recovery th...