https://ggwash.org/view/41313/does-job-growth-in-a-region-mean-a-stronger-housing-market
3. The types of jobs matters. Maybe it is jobs after all but it is the types of jobs that makes a difference to predicting the performance of the housing market. Better paying jobs—for example, professional and technical services jobs—might lead to more home sales and higher prices. Even if our economy looks like it’s growing, adding low wage jobs won’t make our market look strong if we’re measuring it by home price growth.