U.S. Tariffs are about to effect Lumber, gypsum for drywall, and home appliances are expected to be impacted by tariffs on Canada, Mexico and China.
Forecast look to increase builder costs anywhere from $7,500 to $10,000 per home, said Rob Dietz, chief economist at the National Association of Home Builders, citing estimates from U.S. homebuilders. The greatest impact to homebuilders will be from lumber cost increases, which are expected to total about $4,900 per home on average.