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Is Trump’s tax law helping or hurting the housing market?

When the Republican Party first put forth its plan to reform the country’s tax laws, housing experts worried it could put a damper on home-buying activity. Now that the GOP’s tax plan is the law of the land, some fear those predictions may be coming to fruition.

A new report from analysts at the Federal Reserve Bank of New York examined the drop in home-sales activity between the fourth quarter of 2017 and the third quarter of 2018. The figures in the respective quarters were adjusted for any seasonal factors impacting the housing market at those times of year.

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