Trump tariff policy has soured Canadian interest in US properties

Canadians are losing interest in U.S. real estate, according to Redfin’s latest market report. The share of Canadians searching for U.S. properties declined 19.5 percent year over year in August, extending a six-month trend that started when President … Continue reading

Homebuilders cry ‘uncle’ as duties on Canadian lumber hit 27%

NAHB urges Trump administration to negotiate new softwood lumber agreement with Canada “that will provide a fair and equitable solution to all parties and eliminate tariffs altogether.” Continue reading

Builders pull back from new construction once again in April

April’s housing data underscores a challenging landscape for new construction, particularly in the single-family segment, and the privately-owned segment isn’t far behind. Continue reading

Steel and aluminum are President Trump’s latest tariff targets

The National Association of Home Builders has sounded the alarm on the potential impact on housing costs if Trump follows through on threats to impose duties on Canadian wood and gypsum from Mexico. Continue reading

Homebuilders warn they’re facing a 40% tariff on Canadian lumber

In renewing a call that building materials be exempt from tariffs, trade group notes that more than 70 percent of imported softwood lumber and gypsum used for drywall comes from Canada and Mexico. Continue reading

Homebuilders anxiously await details on Canada, Mexico tariffs

Bond market investors who fund most mortgages didn’t panic Friday over reports that the U.S. will impose tariffs on China, Canada and Mexico on Saturday, but details remain sketchy. Continue reading

Builder confidence ends 2021 strong

The National Association of Home Builders/Wells Fargo Housing Market Index increased for the fourth consecutive month, to 84 in December, marking a high for the year last seen in February. Continue reading

Rent growth catching up to home price increases in major cities

In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals. Continue reading

Builder confidence curbed in July by continued supply-side roadblocks

Labor shortages, regulatory costs and high costs of materials continued to dampen builder confidence, but strong buyer demand helped moderately temper those challenges in July, according to a new report. Continue reading

Buyers shouldn’t wait to build. Here’s why

What’s the best time to build, you ask? Right now. Yes, even with commodity prices up. When clients decide to build a home, there are more factors to consider than just the price of lumber. Continue reading