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Logan Mohtashami on the Fed’s reaction to a positive jobs report

HousingWire Daily

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The Jobless Games Above 323,000 on a Four Week Moving Average

When jobless claims go up that means people are getting laid off. And I think at that point the Federal Reserve changes their rhetoric. We're still seeing new listings on a year fashion but we're starting to get about you know a few weeks away from when my call for 2023 would see total inventory decline. But again, part of that is based on the principle that we could get back to 2019 levels as housing demand slows.

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