Trump’s Tariffs Could Add $10K to New Home Costs

President Donald Trump’s proposed tariffs on Canadian and Mexican imports could raise the cost of materials for the average new home by as much as $10,000, according to the National Association of Home Builders, CNBC reported.

The trade group speculates that these increases could significantly impact housing affordability.

The NAHB has sounded the alarm over President Donald Trump’s planned tariffs on Canadian and Mexican imports, saying that key building materials such as softwood lumber from Canada and gypsum from Mexico would be directly affected.

Read more at Newsmax© 2025 Newsmax. All rights reserved.

Blogs

Headlines