The warm weather homebuying season has kept prices moving up, but Clear Capital says the rate of appreciation is already slowing and weak consumer confidence points to a stormy rest of the year. The company’s latest report shows that home prices rose 4 percent over the four-month period ending in August when compared to the previous three months. But Clear Capital notes the recent gains have not been enough to recoup longer-term declines, with national home prices still more than 6 percent below last year’s levels.
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