Pending home sales fell 4.3% to an index reading of 101.7 in December, after a downwardly revised 1.6% increase to 106.3 in November, according to a report released Monday by the National Association of Realtors.
NAR: Pending Home Sales Index Drops 4.3% to 101.7 in December
JAN 28, 2013 10:00am ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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