Pending home sales slid between November and December

01/29/2013 | Los Angeles Times (tiered subscription model)

The National Association of Realtors says its index of pending home sales in the U.S. reached 101.7 last month, down 4.3% compared with November but up 6.9% compared with December 2011. "The supply limitation appears to be the main factor holding back contract signings in the past month," Chief Economist Lawrence Yun said.

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