Reported 2 days ago
Homebuilders received temporary relief from President Trump’s new tariffs on building materials, as lumber and other key components were exempt. However, the overall uncertainty in the market may lead buyers and sellers to hesitate, potentially causing a slowdown in the housing market. While some materials are exempt from the latest tariffs, rising construction costs and shifting mortgage rates could further complicate the situation for homeowners and prospective buyers.
Source: YAHOO