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Daily business news and economic stories
Jun 22, 2020

Housing under pressure during COVID-19

Nearly 4.5 million homeowners late on mortgage payments in May. Potential home sellers have been cautious about getting into the market. As businesses reopen, some add a COVID-19 surcharge. And, Wirecard says the missing $2 billion never existed.

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The number of homes for sale is down 17% from this time last year.
The number of homes for sale is down 17% from this time last year.
Frederic J. Brown/AFP via Getty Images

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The Team