From Mansion Global:
Housing Was a Factor for About 40% of Early Voters in the U.S. Presidential Election
For U.S. adults who voted in the presidential election by Nov. 1, about two in five said the housing market was a factor in their decision, according to a report from Redfin on Monday.
Of the 1,002 early voters surveyed, 38% said housing affordability affected their choice for president, while 40% said it was a factor in their local races.
Kamala Harris voters were more likely to cite housing affordability as a concern than Donald Trump voters, with 43% of early Harris voters reporting that it impacted their decision, compared with 29% of Trump voters who said the same.
Homes in blue areas of the U.S. tend to be much more expensive than red areas, which is likely a reason why Harris voters were more concerned with the housing market than Trump voters, according to Redfin.
Of the 14 issues Redfin surveyed early voters about, housing affordability ranked 12th, having more weight than only climate change (36% of voters said it was a factor) and access to gender affirming care (19%).
The economy was the top concern among those who already voted, with 63% saying it impacted their choice for president. Inflation was No. 2 at 59%, followed by protecting democracy (56%).
About one-third of the survey respondents believe mortgage rates will fall if Trump is elected, while 23% think they’ll drop if Harris is elected. Additionally, 32% think rates will increase under a Harris presidency, while 28% believe they’d rise if Trump wins.