NAR Praises ‘Big Beautiful Bill’ as ‘Major Win’ for Real Estate — RISMedia

The House narrowly passed, in a 218-214 vote, the One Big Beautiful Bill Act Thursday, delivering key wins for the real estate industry, according to the National Association of Realtors® (NAR).

According to a release this afternoon, after months of advocating before Congress, NAR secured its top five legislative priorities in the package.

“For months, REALTORS® across America have been at the forefront of tax reform, making sure Congress understood that homeownership is not only the cornerstone of the American Dream but a foundation for building wealth and strengthening communities,” said Shannon McGahn, NAR’s executive vice president and chief advocacy officer.

Key real estate provisions

The bill makes several permanent and temporary changes…