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US housing slump continues, but DC area is doing better

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The housing bust isn't over, but the worst is past, according to economists participating in a US Chamber of Commerce panel this week. Despite a period of "relative stability" in home prices in the past year, Mark Zandi, chief economist at Moody's Analytics, said he expects further price declines. "The housing crash is about over, but not quite," Zandi said.

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