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Homebuilder Stocks Slump as Trump Tariffs Endanger Housing Market Recovery

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D.R. Horton , Lennar , Toll Brothers , PulteGroup , NVR , Taylor Morrison Home , KB Home , and Meritage Homes all down sharply.

Analysts and homebuilders have said that tariffs could make construction more expensive.

Any cost passed on to consumers could "prove challenging in a choppy demand environment," UBS analysts said.

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