Tight housing inventory hinders California pending home sales in September; share of equity sales reach highest level in four years

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LOS ANGELES, CA – October 23, 2012 – (RealEstateRama) — A continued lack of housing inventory constrained California pending home sales in September, while the share of equity sales reached its highest level in four years, CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

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