California pending home sales climb from previous month and year; tight inventory in distressed market persists

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By CAR -

LOS ANGELES, CA – March 27, 2012 – (RealEstateRama) — Pending home sales in California gained ground for the second consecutive month in February, while the share of equity sales posted higher after two months of decline, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

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