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Homebuilder confidence drops to 5-month low amid tariff costs

Homebuilder confidence in the housing market fell to its lowest level since September, dropping 5 points to 42, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
President Donald Trump imposed a 25% tariff on steel and aluminum imports, affecting home building costs.
Home prices have increased by 47% since early 2020, reaching an average value of $355,328, linked to a real estate boom.
The uncertainty around tariffs and high mortgage rates are impacting home sales and builder optimism.

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The Epoch Times

US Builder Confidence Declines on Tariff, Cost Concerns: NAHB Report

Builder sentiment in the United States fell in February on a monthly basis amid worries about elevated housing costs and the impact of potential tariffs on the sector, according to the National Association of Home Builders (NAHB). The NAHB/Wells Fargo Housing Market Index (HMI), which reflects builder confidence in the market for newly built single-family homes, came in at 42 in February, down five points from January, the group said in a Feb. 1…

3 days ago·New York, United States

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Newsweek

US homebuilder confidence hits 5-month low amid tariffs

Homebuilder confidence hit a five-month low in February as tariffs and rising costs threaten to reshape the housing market and economic stability.

4 days ago·United States

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Straight Arrow News

Homebuilder confidence drops to 5-month low amid tariff costs

Confidence among U.S. homebuilders dropped in February to the lowest level since before President Donald Trump took office. That's according to a new survey from the National Association of Home Builders/Wells Fargo Housing Market Index. The Trump administration imposed a 25% tariff on all steel and aluminum imports into the U.S. Even higher costs could come if the president moves forward with his proposal for 25% tariffs on Canada. Full Story H…

4 days ago

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CNBC

U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

Sentiment among the nation’s single-family homebuilders dropped to the lowest level in five months in February, largely due to concern over tariffs, which would raise their costs significantly.

4 days ago·United States

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NY1

Homebuilder sentiment falls to lowest level in 5 months

Tariffs and high mortgage rates are weighing on present and future sales of newly built, single-family homes.

4 days ago·New York, United States

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Rose Law Group Reporter

Builder confidence falls on tariff and housing costs concerns - Rose Law Group Reporter

By NAHB Builder sentiment fell sharply in February over concerns on tariffs, elevated mortgage rates and high housing costs. Builder confidence in the market for newly built single-family homes was 42 in February, down five points from January and the lowest level in five months, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. “While builders hold out hope for pro-development p…

3 days ago

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