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Bearish high-end NYC real estate: Insana

2:14 PM ET Mon, 28 March 2016

A new report shows pending home sales are rising to a 7-month high for February, as total home sales plunged. CNBC's Ron Insana; Austin Hoffman, Douglas Elliman; Sam Debianchi, Debianchi Real Estate; and Aaron Kirman, Aaroe Estates, discuss the housing market.