Insight
UBS estimates tariffs collectively add $7,913 to the cost of each home, with NAHB forecasting $7,500 to $10,000 per home.
Will Trump’s new Canadian tariffs add cost risk for builders?
Summary
New US tariffs on Canadian goods could impact construction costs, affecting materials like cement, plywood, and lumber. While existing tariffs add significant cost, these new measures may have minimal direct impact on builders due to already in-place tariffs and low Canadian material reliance.
Key takeaway