A REsimpli survey through Pollfish finds that due to the US-Canada trade-war tensions, 72% of Americans expect the housing market to slow down. This study analyzed 1,200 American citizens who are concerned with major political events and economic changes in the country currently, seeking their input on the trajectory of the country’s housing market. Key Takeaways include:
- 72% of people believe that ‘Reciprocal Tariffs’ will hurt the US housing market
- 66.4% of people believe that Canadian investors will pull back from the US
- 55.9% of people believe housing affordability will be negatively impacted
- 51.3% of people believe the US mortgage rates will increase
- 54.5% believe homebuyers will become more cautious
- 19.3% of the respondents would delay purchasing a home due to trade tensions