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Home Economy

It’s time for a tax credit for home sellers to prod owners to list their houses, Realtors say

News Room by News Room
November 21, 2023
Reading Time: 1 min read
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It’s time for a tax credit for home sellers to prod owners to list their houses, Realtors say

The National Association of Realtors is pushing for a tax credit for home sellers, with the giant lobbying group saying the approach would help address the U.S. housing market’s lack of inventory.

NAR Chief Economist Lawrence Yun told reporters during a Tuesday conference call that the goal is to “talk with members of Congress to see if we can have some kind of tax credit for the home sellers to list their property onto the market.”

Homeowners…

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