Historically, home sales have remained relatively flat during presidential election seasons. We expect home sales to continue to grow this fall due to the coronavirus pandemic; we are forecasting more home sales in 2020 than in any year since 2006.
Twenty-two percent of homebuyers and sellers said the presidential election is impacting their plans to buy or sell a home, according to an August Redfin survey of more than 1,400 U.S. residents who plan to buy or sell a home in the next 12 months. That’s down from 32% in November 2019, per a similar Redfin survey. The drop from