How Do Presidential Elections Impact the Housing Market?
Here’s what you need to know. History shows home sales may slow down a bit in November, but they usually bounce back fast, prices keep climbing, and mortgage rates tend to dip a bit. Overall, the impact is minor and short-lived.
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Brandon Yopp
Data Sources
https://www.huduser.gov/periodicals/ushmc/fall08/hist_data.pdf
https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales
https://www.freddiemac.com/pmms/archive
