The Effect of the Stock Market on Real Estate Sales
Over the past decade following the 2008 stock market crash, economists are better understanding the extent of how much the housing market can influence the stock market as well as how the stock market is directly affecting Real Estate sales. People are unknowingly and indirectly impacted by the increase and decrease of major stocks with their decisions on buying and selling their homes. From a change in interest rates to lending practices and even consumer sentiment, buyers and sellers are constantly being affected by different changes in the stock market. As buying and selling houses is a big decision, many people tend to pay attention to what economists are saying regarding the stock market before making any big choices. This is represented when there is a booming stock market, you tend to see an equally booming housing market that represents a major index rise along with a consumer optimism increase. Overall, the stock market plays an important role in the growth or decrease in the consistency of the market and the market risk.