More Homes on the Market Act

The bill significantly increases the capital gains tax exclusion for the sale of a principal residence (from $250,000 to $500,000 for single filers and from $500,000 to $1,000,000 for joint filers), with inflation adjustments. This reduces the tax burden on homeowners selling appreciated properties, incentivizing more sales and increasing housing market liquidity. This directly benefits real estate brokerages through higher transaction volumes and financial institutions involved in mortgage lending and title services due to increased activity.