If current measures persist, this figure could climb another $14,000 by the end of 2027, bringing the total added cost from tariffs to $20,000 per home.
The White House has maintained that the cost of tariffs will be borne by foreign exporters, not American consumers, a report from CNN noted. White House spokesperson Kush Desai stated, “The Administration has consistently maintained that the cost of tariffs will not be borne by American consumers, but by foreign exporters who rely on access to the American economy, the world’s biggest and best consumer market.”
However, the National Association of Home Builders (NAHB) indicates that 60% of home builders surveyed in April have already experienced tariff-related price increases. States heavily reliant on imported construction goods, such as Texas, Florida, and California, are expected to feel these price shocks most acutely. The uncertainty surrounding tariff policies also makes it difficult for builders to accurately price construction projects.
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