Trump Tariffs Could Nearly Triple Lumber Costs Raising Housing Concerns
Proposed tariffs on Canada and Mexico could triple costs of lumber imports, some experts say, and hurt U.S. housing.
Trump's tariffs will raise the roof on home prices
An analysis from John Burns Research and Consulting, which focuses on the housing industry, estimates the cost of a newly-constructed home will increase by nearly 5% if the White House’s proposed tariffs are implemented.. That’s about $21,000 on the median-priced new home.
Trump's threatened tariffs on Mexico and Canada could inflate home prices — even if he never imposes them
Building a typical new home could cost $40,000 more if Trump's tariffs on Canada and Mexico go into effect, per an industry group's analysis.
Trump's tariffs could increase home prices and mortgage rates, some experts say
Such duties would likely raise expenses for imported home-building materials, hiking construction costs and increasing home prices, some experts said. Meanwhile, they added, potential price increases for a range of goods across the economy could pressure the Fed to raise interest rates, which in turn would push mortgage rates even higher.
Tariffs could impact lumber costs, housing prices in Central Texas
According to a local real estate broker, the tariffs could affect lumber and dry wall prices — which could make home prices even higher.
How Trump's tariff uncertainty could impact Arizona home prices
In his first weeks back in office, President Trump has enacted — and walked back — tariffs that experts say would have made homebuilding more expensive in Arizona. Why it matters: The National Association of Home Builders (NAHB) warned that Trump's 25% tariffs on Mexico and Canada would directly increase the cost of building materials — and that those costs would be passed on to buyers.
Trump's tariffs could raise home prices amid 'affordability crisis,' some experts say
In a series of social media posts over recent days, President Donald Trump said the tariffs target Canada, Mexico and China for hosting the manufacture and transport of illicit dr
New tariffs could raise home prices and sideline potential buyers
The tariffs are likely to hit smaller homebuilders with tighter margins harder, but big builders aren't immune.
Prices On Groceries, Cars And Popular Products From Shein And Temu Could Also Spike Amid Trump’s Tariffs
The president’s tariffs against China, Mexico and Canada eliminated a trade exemption used by low-cost retailers.
Trump tariffs on Canadian lumber could be a ‘nightmare’ for California’s fire recovery
The U.S. construction industry may face higher lumber prices within a month if President Donald Trump follows through with ...
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Canadian Lumber Tariffs Rise To Nearly 40%, NAHB Reports
President Trump announced plans to impose 25% tariffs on Canadian and Mexican goods last Friday, including lumber and other ...
Chicago area lumber, gas prices could spike if President Trump's tariffs go ahead
While the tariffs on Mexico and Canada have been paused, there was still concern late Monday about what happens next month if ...
LA Times Today: Those rebuilding after L.A. fires will likely face higher lumber prices as Trump tariffs loom
Just days before the Palisades and Eaton fires destroyed more than 12,000 homes, President Donald Trump repeated his threat ...