Zillow’s August Real Estate Market Reports, released today, show that national home values rose 0.4% from July to August to $162,100 (Figure 1). On a year-over-year basis, home values were up 6.6% (Figure 2) from August 2012. The last time national home values were at this level was in September 2004. Rents were up 1.9% on a year-over-year basis (Figure 3). The Zillow Home Value Forecast calls for 5.2% appreciation nationally from August 2013 to August 2014.