If enacted, the new legislation would aim to streamline tariff exclusions for goods used in home construction, help stabilize material pricing, and support efforts to expand housing supply nationwide
New report highlights mounting economic anxiety that could impact homebuyers and sellers in 2025
High home prices, low inventory driving new construction growth, NAHB reports
Move comes as some caution Canada, Mexico tariffs will spike building materials costs
Canada and Mexico stave off tariffs on billions of dollars of materials crucial to the U.S. homebuilding industry
NAHB responds to the 25% tariff on Canadian and Mexican goods, including lumber and home building materials
Changes could exacerbate two-tiered market, one that “benefits from tax reform and deregulation, and another that struggles with affordability challenges.”
Says refusal to cut tariffs on Canadian lumber turns 'a blind eye to America’s housing affordability crisis .'