California pending home sales lift in January after disappointing December (Source: C.A.R.)
Pending home sales rose from December’s extreme lows and posted month-to-month and year-to-year increases in January, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Additionally, California REALTORS® responding to C.A.R.’s January Market Pulse Survey saw more price reductions and an increase in open house traffic, compared to a year ago.
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