Trump tariffs on Canada could increase domestic cost of homebuilding by $14,000: Report

Published July 22, 2025 11:37am ET



New homes in the United States are on track to be more expensive due to President Donald Trump’s tariff policies, according to a new report.

The tariffs are expected to raise the cost of supplies to build homes at the same time that the U.S. is facing a housing crisis consisting of rising rent, the increasing cost to buy a home, and low supply.

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