The index for pending home sales is closely watched because it is an indication of final sales. It usually takes about two months for real estate deals to be completed.
The newest numbers are not good. Pending home sales fell by 7.6% in January. The National Association of Realtors index stood at 90.4. A reading of 100 is considered normal. Analysts had expected a rise of 1% in January.
The Richest Woman in the World: How Gina Rinehart Earns her Billions
America's 10 Highest-Paid CEOs of 2011 (and How They Earned It)

