Tag Archives: building materials

KB Home says the Iran war is already ‘weighing on the consumer’

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The war in Iran’s impact on the housing market is emerging as KB Home reports weaker demand, lower earnings and rising uncertainty. Continue reading →

Construction costs spike early in 2026, signaling trouble ahead

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Construction costs surged early in 2026, driven by rising energy prices, with analysts warning that oil volatility tied to Middle East tensions could push costs even higher. Continue reading →

Trump tariff policy has soured Canadian interest in US properties

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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%

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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

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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

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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

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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

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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

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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

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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 →