Thursday, 29 September 2022 | The Latest Buzz for the Appraisal Industry

Fannie Mae Economist Says Latest Job Data Might Not Be Good News For Housing

By Brian Honea

The U.S. labor market reported a strong gain of 252,000 jobs on the payrolls for December in data released by the Bureau of Labor Statistics (BLS) on Friday. December’s job gain was close to 2014’s average monthly increase and 2014 was the best year of job growth in the U.S. since 1999. According to Fannie Mae Chief Economist Doug Duncan, the underlying data may not be so encouraging for the housing market, however.

The post Fannie Mae Economist Says Latest Job Data Might Not Be Good News For Housing appeared first on DSNews.

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