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Editorial: High rates can’t cool pricey Mass. housing market

  • U.S. Single-family homebuilding experienced a downturn in March, hitting an eight-month low, the Census Bureau reported Thursday.
  • Import duties imposed on foreign goods by President Trump have increased building material costs.
  • Single-Family housing starts, which make up most of homebuilding, fell 14.2% to 940,000 units, the lowest since July.
  • The NAHB stated that a majority of builders report material cost increases because of tariffs; builders estimate tariff costs at $10,900 per home.
  • The drop in housing starts and permits suggests a potential decline in homebuilding activity, despite a slight rise in overall building permits.
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  • 38% of the sources are Center, 38% of the sources lean Right
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OAN broke the news in San Diego, United States on Thursday, April 17, 2025.
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