The housing market could see a “Trump bump” next year if the president-elect goes ahead with some of his proposed policies, according to a new forecast for 2025 by realtor.com.
The analysis predicted that next year’s housing market could experience a boost for the better if Donald Trump brings in his proposals to make more federal land available for homebuilding and addressing regulation.
Regulation typically makes up almost 24 percent of a house’s cost, according to a study by the National Association of House Builders, which comes to around $90,000 for the average home in America.
If Trump implemented his proposals on homebuilding and regulation, the realtors.com forecast predicted that it would help to increase the supply of houses.
Danielle Hale, a chief economist at realtor.com, …