california association of realtors: February 2012 Pending Home Sales - California Pending Home Sales Climb from Previous Month and Year; Tight Inventory in Distressed Market Persists - 03/28/12 09:11 AM
Courtesy of the California Association of REALTORS ®
February 2012 Pending Home Sales
California Pending Home Sales Climb from Previous Month and Year; Tight Inventory in Distressed Market Persists
LOS ANGELES (March 26) – 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. 
 
Pending home sales:
 
C.A.R.’s Pending Home Sales Index (PHSI)* rose from a revised 102.3 in January to 127.8 in February, based on signed contracts.  The index also was up from … (3 comments)