Q&A: How Do Presidential Elections Impact the Housing Market?
Q&A: How Do Presidential Elections Impact the Housing Market?
Even if you’re not planning to move right away, you may have questions about how the election could affect the housing market. By examining historical trends alongside current data, we can find answers. Historically, mortgage rates tend to decrease in the months leading up to the election, while home prices and sales often rise in the year after. The evidence shows that Presidential elections typically have only a small and temporary impact on the housing market.
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