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  • Writer's pictureConrad Binding

The impact of an election on house prices

  • With an upcoming election, we examined the impact of the past six elections on prices in the housing market.

  • The average price growth in the three months leading up to an election was 2.2%, whilst the three months following showed similar growth at 2.1%.

  • Price growth in the three months following an election only outperformed the preceding period in two out of the last six elections (2015 and 2019).

  • Waiting until after the election to put your property on the market, in the hope of achieving a higher price, could be a risky strategy. With spring underway and market activity bouncing back, now could be the best time to sell. Source: #Dataloft by PriceHubble, UK HPI December 2023, for elections 2001, 2005, 2010, 2015, 2017, 2019

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