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Tariffs are significantly impacting the housing market by increasing construction costs and creating uncertainty for builders and buyers alike.

• Builder confidence at a seven-month low for new single-family homes
• Tariffs estimated to add $9,200 to the price of a new home
• 7% of products in new construction are imported and affected by tariffs
• Canadian lumber and Mexican gypsum specifically exempted from retaliatory tariffs
• First-time buyers concerned about the increased cost of appliances and fixtures
• Buyers being pushed further from city centers due to rising monthly costs
• Supply chain disruptions causing construction delays and additional expenses
• Significant tariffs remain in place despite some pauses, especially on Chinese goods
• Market uncertainty affects builder planning and potential housing supply
• Financial analysts recommend long-term investors stay the course despite market fluctuations

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