DataMarkets & Economy

Election season is always wild in swing states, but so are home prices

Swing states hinging the presidential election also have highest median home price growth since 2012
  • A Trulia survey shows 39 percent of Americans think home prices will go up if Donald Trump wins the presidential election, while 29 percent of Americans think home prices will do the same thing if Hillary Clinton wins.
  • There are eight swing states – Nevada, Arizona, Florida, Georgia, New Hampshire, North Carolina, Ohio and Pennsylvania – where home prices have steadily risen since the last election.
  • Median home price in Florida increased from $65,000 to $191,300 since 2012.

Hillary Clinton and Donald Trump will go head-to-head for the first time tonight at Hofstra University's Hempstead campus in New York in the first of three presidential debates, as Americans finally get to see the two discuss their differences health care, immigration and foreign policy. But what about real estate? According to a Trulia survey, more people think home prices will go up after a Trump victory in November than if Democratic nominee Clinton wins. But the real battleground for home prices is in swing states, Trulia says. The eight swing states -- Nevada, Arizona, Florida, Georgia, New Hampshire, North Carolina, Ohio and Pennsylvania -- have seen home prices go up 30 percent collectively from January 2012 to January 2016. Nevada's home values have increased 78 percentage points in that time. With Nevada's inflated home prices crashing in 2008, Trulia points out the "return to normalcy" would be more drastic than that of a stable state like Ohio. As such, y...