Moody's Analytics' Zandi: Housing market 'treading water', here's why

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The supply of newly built homes for sale dropped for the first time in six years. Mark Zandi, Moody's chief economist, and CNBC's Diana Olick join 'The Exchange' to discuss how housing is doing during the sell-off.

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Moody's Analytics' Zandi: Housing market 'treading water', here's why
Moody's Analytics' Zandi: Housing market 'treading water', here's why

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