California pending home sales post monthly and annual gains in October;share of equity sales continues to expand

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LOS ANGELES, CA – November 22, 2012 – (RealEstateRama) — California pending home sales rose both from the previous month and year in October for the first time in seven months, while the share of equity sales grew slightly, marking a four-year high, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

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