New Home Prices to Increase 20 Percent Due To Trump’s Lumber Tariff

NAHB Says New Home Prices Will Increase 20% Due To Trump’s Double-Digit Tariff On Canadian Lumber

new home prices
Home prices expected to jump 20% due to President Trump’s crackdown on immigration and tariff on Canadian lumber.
The National Association of Home Builders expects new home prices to jump 20%. NAHB Economist Dietz expressed his concerns with the National Association of Real Estate Editors conference in Las Vegas yesterday.
One of the top issues for the homebuilding industry is the increase in new home prices.
Dietz said it is being caused by tariffs on Canadian softwood lumber imposed last year by the Trump administration.
Dietz told the journalists at the conference:

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