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With Trump ‘thinking about’ no capital gains taxes on home sales, here’s how to lower your bill now
President Donald Trump this week said the administration is "thinking about" ending capital gains taxes on home sales to bolster the housing market. The proposal would require approval from Congress,
US new home sales below expectations in June; housing supply rises
Sales of new U.S. single-family homes increased less than expected in June amid higher mortgage rates, pushing inventory to levels last seen in late 2007, which could keep homebuilding subdued.
Eliminating capital gains on home sales would be a boon for older homeowners in high-cost states
Removing or increasing capital gains limits on home sales, as President Trump mentioned this week, would benefit longtime homeowners in the country’s more expensive housing markets.
Why cutting capital gains tax on home sales wouldn’t solve the country's housing issues
The capital gains tax on homes hasn’t changed in roughly 30 years, but the National Association of Realtors has been pushing for it.
Home Sales May Fall to New 30-Year Low in 2025 as Mortgage Rates Remain Elevated
Home sales could fall to a new three-decade low in 2025 as elevated mortgage rates continue to crimp affordability, a new forecast says.
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