UPDATE 1-US housing decline to moderate 2007 job growth-MBA

(Reuters) - The Mortgage Bankers Association said the sector should
recover gradually by the end of the year, with housing-related
employment expected to contribute to overall job gains in
2008.




U.S. housing starts and home sales should reach a trough
around the end of the third quarter or the beginning of the
fourth, the MBA said in its "Trends in Housing-Related
Employment" report.


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