A proposed 25% tariff on goods from Canada and Mexico, plus an additional 10% on Chinese products, could hit the housing industry hard—one of the biggest drivers of our economy.
Most raw materials for building homes come from these countries. With housing already out of reach for many, adding these costs will only push prices higher.
Just as lower borrowing rates from the Fed are starting to offer hope for affordability, this tariff threatens to undo that progress. If we want to make homeownership possible for more people, now is not the time to increase costs.
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Housing Bubble Coming?
