How Do Presidential Elections Impact the Housing Market?

In this Article...

Considering a move in Charleston, South Carolina, and curious about how the upcoming presidential election might affect the housing market? Historical data suggests that while home sales may slow in November, they typically bounce back and rise the following year, with prices continuing to climb and mortgage rates often dipping slightly. Presidential elections generally have only a small, temporary impact on the housing market. For tailored advice, consult with a real estate professional at Charleston Home.

How Do Presidential Elections Impact the Housing Market?

Some Highlights

• Are you wondering if the upcoming election will have an impact on the housing market? Here’s what history tells us you need to know if you’re considering a move.​
• Data shows home sales slow in November but quickly bounce back and rise the following year. Prices usually keep climbing. And mortgage rates typically come down slightly.
• Presidential elections have only a small and temporary impact on the housing market. If you have questions, connect with a real estate agent.