WASHINGTON (February 24, 2026) – Today, Shannon McGahn, executive vice president and chief advocacy officer of the National Association of REALTORS®, issued the following statement after President Trump's State of the Union address on Tuesday night:
"In a recent poll commissioned by NAR, eighty-five percent of American voters said they believe homeownership is central to the American Dream because it represents stability, upward mobility, and the opportunity to build generational wealth. The National Association of REALTORS® is grateful that the administration and members of Congress are focused on addressing the nation's housing affordability and supply challenges. We share the goal of increasing housing inventory at all price points and advancing policies that strengthen communities, grow local economies, and create opportunities rather than limit it.
"Unlocking existing inventory, streamlining regulatory barriers, incentivizing new construction, and supporting responsible development are all essential components of addressing housing affordability. That includes reforming outdated capital gains thresholds that have not been updated in decades and now discourage longtime homeowners from selling, reducing mobility and limiting the number of homes available for new buyers.
"NAR encourages the Senate to consider the recently House-passed Housing for the 21st Century Act, a bipartisan measure designed to reduce barriers to housing production and improve affordability nationwide. We will continue working collaboratively across party lines and focusing on practical, evidence-based solutions, lawmakers can help ensure that the promise of homeownership remains achievable for current and future generations of Americans."
About the National Association of REALTORS®
The National Association of REALTORS® is involved in all aspects of residential and commercial real estate. The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics. For free consumer guides about navigating the homebuying and selling transaction processes – from written buyer agreements to negotiating compensation – visit facts.realtor.
# # #