Trump proposes eliminating the capital-gains tax on home sales to encourage homeowners to sell, as the market has been stagnant due to high prices and interest rates for nearly three years. Potential sellers might hesitate to list their homes until the bill is passed, which could lead to a significant increase in listings afterward. This anticipated surge in inventory could create an unprecedented situation in the housing market, as sellers prefer to act before any changes are enacted.
President Donald Trump believes that eliminating the capital-gains tax on home sales could prompt more homeowners to sell, addressing the stagnant housing market.
High home prices and interest rates have led to a three-year stagnation in the housing market, preventing buyers and sellers from making moves.
Potential home sellers may delay listing their properties, waiting for the capital-gains tax elimination bill to pass, which could lead to a surge in home listings.
The anticipated passage of the bill may result in an unusual spike in inventory, with sellers eager to list before the changes take effect.
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