Tariffs create uncertainty for homebuilders
- Homebuilders face uncertainty in 2025 as tariffs and rising costs impact construction and housing markets across the United States.
- The uncertainty stems from new tariffs on imports, especially a 10% general tariff and a 125% tariff on Chinese goods, which raise material costs and affect supply chains.
- Builders report typical cost increases around $11,000 per home due to higher prices for hardware, fasteners, and millwork, while lumber tariffs remain but lumber prices have recently dropped.
- Sean Miller noted Canada supplies over 80% of lumber, making the 14.5% lumber tariff a major challenge, and Jay Robinson emphasized ongoing daily price hikes for non-domestic hardware imports.
- This tariff-driven cost pressure, combined with high borrowing rates and economic slowdown, suggests slower housing starts and tighter markets, potentially constraining new home supply in coming years.
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Total News Sources20
Leaning Left3Leaning Right2Center11Last UpdatedBias Distribution69% Center
Bias Distribution
- 69% of the sources are Center
69% Center
L 19%
C 69%
13%
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