California, Hawaii and Massachusetts Have the Highest Share of Homeowners Who Would Benefit if Capital Gains Tax is Eliminated

SEATTLE--(BUSINESS WIRE)--More than one in four (25.9%) U.S. homes have gained at least $250,000 in value since the last time they were purchased, while 8% have gained more than $500,000. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. These are the upper and lower bounds of the potential share of homeowners who stand to benefit if the tax on capital gains from a home sale is eliminated—an idea currently being floated by President Trump and U.S. lawmak