Tariffs on lumber and appliances to drive up cost for new homes, remodeling jobs (1 Viewer)

  • Thread starterAlex Veiga | The Associated Press and Mae
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    Alex Veiga | The Associated Press and Mae

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    Shopping for a new home? Ready to renovate your kitchen or install a new deck? You'll be paying more to do so.

    The Trump administration’s tariffs on imported goods from Canada, Mexico and China — some already in place, others set to take effect in a few weeks — are already driving up the cost of building materials used in new residential construction and home remodeling projects.

    The tariffs are projected to raise the costs that go into building a single-family home in the U.S. by $7,500 to $10,000, according to the National Association of Home...

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