HB954 (Act 163) gives $104 million of income support to local taxpayers, “many of whom will receive tax refunds worth thousands of dollars that will flow back into their household budgets to help make ends meet,” according to the governor’s announcement.
Demand remains high for Oʻahu homes in 2022. According to a monthly report from the Honolulu Board of REALTORS and Locations Hawaiʻi, that demand resulted in a sharp jump in sales last month especially in condominiums.