Navigating construction material prices amid the new administration’s recent tariffs
Overview
CoreLogic analysis suggests that tariffs could push home construction costs up by 4% – 6% over the next 12 months as material costs adjust to the new landscape. In some cases, tariffs could push prices up by double-digit percentages.
- How will Trump’s tariffs impact home affordability?
- Can domestic production fulfill demand for construction materials?
- How will restoration efforts following the LA fires combine with tariffs to inflate prices?
- Construction categories facing major tariff burdens
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RSK: This could increase the costs of renting, buying and leasing....someone will have to pick up the increases in cost and its usually the final consumer. Or, it might even slow down the rate of production.
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- - Volume: 25 - WEEK: 8 Date: 2/18/2025 2:42:00 PM -