Home values continue to approach an expected near-bottom as a flood of foreclosure sales in February 2012 contributed to a 4.5 percent year-over-year decline in U.S. home values, according to a Zillow report released this week.

The latest Zillow Home Value Index, which is based on estimated home values in markets across the country, found rising values in 13 of 165 (8 percent) of U.S. metros tracked on a year-over-year basis in February.

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