Some may make a case for another housing boom using such facts as millennials growing up and increasing wages, but Realtor job growth and growth in residential customers of electric companies tell another story. Business Insider staffer Bob Bryan spoke with economist Michelle Mayer about the value of these alternative measures.
In terms of Realtor job growth, the number has fallen by 3,300 since the start of the year, which could be an indicator of a slowing market:
"...Moreover, the overall recovery in jobs for real estate agents and brokers since the trough has been lackluster relative to the gain in sales, suggesting that there have been efficiency gains in the industry. While the recent weakness in the labor market for Realtors is sending a red flag, it is not a clear turn for the worse."