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By Alex Veiga, Associated Press
As the U.S. grapples with the coronavirus, housing costs are skyrocketing. According to the latest S&P Core Logic Case-Shiller index, home prices were up almost 17 percent over the last year -- and in many places, the jump was worse.
By Paul Solman
Consumers cut spending for a sixth straight month in December and, heeding the impact of the recession-laden economy, boosted their savings rates to the highest level since May, according to the latest round of government reports.
By PBS NewsHour
Treasury Secretary Henry Paulson delivered a somber assessment of the U.S. economy Tuesday, calling the housing and credit crunch "the most significant current risk" to the economy. Financial experts look at the factors affecting the nation's economic health, including sky-high…
America's shifting housing market is having a ripple effect on buyers of different income levels and causing some mortgage companies to close. A professor and a market journalist explain the problems with the current housing market.
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