Presidential Election Effect On Housing Market

Real estate agents are optimistic about the housing market.

Presidential election effect on housing market. They noted that in non presidential years there is a 9 8 decrease in november compared to october. 23 of agents say the housing market will stay strong regardless of who is elected president donald trump or vice president joe biden. Still research and industry experts agree that the closer the election gets the more likely its effects on housing regardless of who the candidates are.

The future handling of covid 19 the battered economy race relations. In general presidential races breed uncertainty which alters attitudes among residential home buyers sellers and investors. Btig a research and analysis company looked at new home sales from 1963 through 2019 in their report titled one house two house red house blue house.

31 say election results will have no impact on the housing market. Research and industry experts agree that the closer the election gets the more likely its effects on the housing market regardless of who the candidates are. In general presidential races breed.

Typically in the year of and following a presidential election the washington dc real estate market gets a boost in sales. One us housing market trend that most experts agree will come about from the 2020 election as it has from past presidential elections is a boost for the dc housing market. Presidential elections can and will continue to have more specific consequences for the market s various sectors and indices depending on each party s agenda and how much of washington they control.

It s a wild understatement to say there s a lot at stake in the nation s highly contentious upcoming presidential election. Is there a drop off in home sales during a presidential election year. Hw media acquires real trends the acquisition combines two of real estate s most.

And home price gains also increase. A significant 23 said that it doesn t matter who gets elected in november the housing market will remain strong while a 3 said they are pessimistic that the market is going downhill regardless. Housing consultancy firm meyers research conducted a study of 13 presidential elections finding that median new home sale activity declined 15 from october to november in election years according to forbes.