The U.S. is now on pace for the third consecutive year of historically weak home sales, according to the Realtor.com Housing Forecast Midyear Update released Wednesday. The forecast projected that that sales volume for existing homes will fall 1.5% annually in 2025 to just 4 million transactions.

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 could fall to a new three-decade low in 2025 as elevated mortgage rates continue to crimp affordability, a new forecast says.

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.

President Donald Trump said he is “thinking about” ending capital gains taxes on home sales. Here’s how to lower your bill without law changes, experts say.