In 2024, U.S. home sales hit their lowest levels since the mid-1990s, driven by high mortgage rates, limited inventory, and affordability challenges. While not a repeat of the 2008 housing crisis, these trends highlight unique economic pressures. Experts anticipate modest recovery in 2025, with projected home sales rising to 5.6 million and prices increasing by 2%.
The aftermath of a presidential election always stirs questions about its impact on various sectors. This post delves into the housing market, examining how it has reacted to past elections and what potential trends could emerge. From historical insights to expert analysis, discover how the real estate landscape could shift in the wake of political change.
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