Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...
President Donald Trump's plan to impose a 25% tariff on goods from Canada and Mexico triggered warnings from several trade groups that such a move would drive up the cost of housing, given that a ...
A combination of factors has driven lumber prices to their highest levels since the Covid pandemic. In recent weeks, spot market prices for framing lumber were up 14.9% yearly. A combination of ...
Crews at a construction site in Denver, Colorado, are working around the clock, trying to keep up with an increased demand by building more housing. “It’s getting really interesting out there isn’t it ...
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 ...
Developers are bracing for tariffs on imported steel and Canadian lumber. Some contractors are being told to order what they need now before prices go up. Steel prices are already fluctuating before ...
President Donald Trump is forging ahead with his aggressive tariff campaign, moving on from “reciprocal” tariffs to the sector-specific tariffs he promised. To do so will involve Trump’s continued ...
Analysts expect tariffs to significantly increase the cost of building U.S. houses, reducing sales and demand for wood.Mike Blake/Reuters Canadian lumber has been left out of Trump's tariff blitz, ...