The 2024 Presidential election is just months away. If you are potentially buying or selling a home this year, you’re probably curious about what effect, if any, presidential elections have on the housing market. What is the impact of presidential elections on the housing market?
It’s a great question because buying or selling a home is a major decision, and it’s natural to wonder how such a major event might impact your plans.
Historically, Presidential elections have only had a small, temporary impact on the housing market. Here’s the latest on exactly what’s happened to home sales, prices, and mortgage rates throughout those time periods.
Let’s take a deeper dive!
Graphics and content created by Keeping Current Matters.
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