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Here's how tariffs will hit the U.S. housing market

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Summary
Nutrition label

73% Informative

Lumber, gypsum for drywall and home appliances are expected to be impacted by tariffs on Canada , Mexico and China .

The new tariffs could increase builder costs anywhere from $ 7,500 to $ 10,000 per home.

Roughly a third of the lumber used in U.S. homebuilding comes from Canada .

The majority of drywall, or gypsum, used in commercial and residential construction is imported from other countries.

In 2023 , the U.S. imported $215 million in gypsums, becoming the largest importer of the product in the world.

The tariffs come at a time when the US . housing market is already under pressure.

VR Score

82

Informative language

86

Neutral language

63

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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