Why cutting capital gains tax on home sales wouldn’t solve the country’s housing issues

Published Wed, Jul 23 202511:58 AM EDTUpdated Wed, Jul 23 20251:08 PM EDT

By: Diana Olick

A Sold sign in front of a home under construction at the Waterways subdivision in Gulf Shores, Alabama, US, on Friday, Dec. 6, 2024.Micah Green | Bloomberg | Getty Images

Real estate experts are weighing in on a potential end to capital gains tax on home sales — as floated by President Donald Trump this week — and whether it could help unlock the housing market.

The capital gains tax on homes hasn’t changed in roughly 30 years, but the National Association of Realtors has been pushing for it. They calculate that 15% of current homeowners would be hit with the tax should they sell in today’s market. LEARN MORE…

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