March 30 (Bloomberg) -- Peter Morici, an economist at the University of Maryland, talks with Bloombergs Mark Crumpton about the outlook for the U.S. housing market and its impact on the broader economy. Home prices in 20 U.S. cities unexpectedly rose in January, as the S&P/Case-Shiller home-price index climbed 0.3 percent from the prior month on a seasonally adjusted basis, matching the gain in December. (This is an excerpt of the full interview. Source: Bloomberg)
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