Experts say tariffs expected to have big impact on the cost of new home construction

President Donald Trump’s new tariffs on imports from China, Mexico, and Canada are anticipated to cause a rise in the cost of constructing new homes.

The National Association of Home Builders reports that approximately one-third of the lumber used in the United States is sourced from other countries, with Canada accounting for about 70% of that.

And lumber isn’t the only item expected to get more expensive with these new tariffs in place.

In a move to alleviate concerns that the trade war may negatively impact U.S. manufacturers, President Donald Trump is providing a one-month waiver on the new tariffs imposed on imports from Mexico and Canada specifically for U.S. automakers.

“Whether it’s drywall from Mexico, lumber from Canada, or HVAC units and electronics from China, we are going to see every facet of home construction impacted by these (tariffs),” said Jim Tobin, CEO of the National Association of Home Builders.

“And that’s only going to be a cumulative effect of raising the cost of new homes in this country.”

Lumber suppliers in Southern California say the market for softwood, which is the kind of wood used to construct homes, is cool right now; the number of new homes under construction is already down because of inflation and high-interest rates.

But Matt Oubrey, who works in sales at Bear Forest Products in Riverside, says the price of a new home could rise if the tariffs remain in place for an extended period of time.

“You could see $10,000 to $15,000 added on to the framing cost of the house, because there’s so many items we do buy from Canada,” said Oubrey. “I do get the reason behind (the tariffs), to increase production in the United States; which would be great.

“But in the short term it will be tough.”

Copyright © 2025 KABC Television, LLC. All rights reserved.

You May Also Like
‘Doctor Odyssey’ Episode 17: A Tidal Wave And A Tsunami Of Guest Stars Including Jim O’Heir and Christopher Gorham

Exciting new guests Jim O’Heir and Christopher Gorham in Episode 17 of ‘Doctor Odyssey’: A Story of Waves

If this really is the end for Doctor Odyssey, Ryan Murphy is…
Pope Leo XIV's has deep roots on Chicago's South Side and south suburbs, including teaching at St. Rita High School

Pope Leo XIV has strong connections to Chicago’s South Side and surrounding suburbs, where he worked as a teacher at St. Rita High School

CHICAGO (WLS) — Pope Leo and his family have a long history…
Is ‘Fire Country’ New Tonight? ‘Fire Country’ Season 4 Info, Return Date

When is the next episode of ‘Fire Country’ airing? Get to know all about Season 4 and its return date.

If you are curious about whether your favorite network TV show will…
Urban Stomp exhibit shows history of New York City through dance

The Urban Stomp exhibition tells the story of New York City’s history through dance

EAST HARLEM — A profound new exhibit at a museum in Manhattan…
The new Pope's bling: A £500,000 ring, priceless clifftop retreat, luxurious Vatican apartments and bullet-proof pope-mobile set to be bestowed on Leo XIV

Leo XIV to receive lavish gifts: £500,000 ring, cliff-top retreat, Vatican apartments, and bulletproof vehicle

The upcoming pontiff, Pope Leo XIV, is soon to acquire the invaluable…
'Windy City Weekend' celebrates Mother's Day 2025 early with flower, Nothing Bundt Cakes giveaways

Early Mother’s Day Celebration in 2025 with Flowers and Nothing Bundt Cakes Giveaways at ‘Windy City Weekend’

CHICAGO (WLS) — During Mother’s Day weekend, Val Warner and Ryan Chiaverini…
Columbia suspends anti-Israel agitators after takeover, spreading of pamphlets glorifying alleged terrorist

Columbia University suspends individuals promoting anti-Israel views and distributing glorifying materials about an accused terrorist following a recent incident.

Columbia University has taken action against 65 students who were involved in…
Menendez brothers: Judge to decide whether DA Nathan Hochman should be recused from case

Judge to Determine if DA Nathan Hochman Should Step Down from Menendez Brothers Case

LOS ANGELES (KABC) — Attorneys for Erik and Lyle Menendez, who were…
Justin Bieber reveals 'the truth' about his wellbeing and admits he's 'asking God for help' in worrying post

Justin Bieber shares insights on his health and confesses to seeking divine assistance in a concerning message

Justin Bieber finally revealed the truth about his wellbeing in a string…
New Movies on Streaming: ‘Warfare,’ ‘The Luckiest Man In America,’ + More

Streaming Now: Discover the Latest Films – ‘Warfare,’ ‘The Luckiest Man In America,’ and More

This weekend, there are new movies to enjoy on Video on Demand…
Jennifer Aniston's alleged stalker thinks he is Jesus Christ and she is his queen, says wife

Wife of Jennifer Aniston’s reported stalker claims he believes he is Jesus Christ with her as his queen

The wife of Jennifer Aniston’s alleged stalker has exclusively revealed to Daily…
Teddi Mellencamp bravely steps out in LA amid stage four cancer battle after heartbreaking update

Teddi Mellencamp courageously appears in Los Angeles despite fighting stage four cancer following a devastating announcement.

Teddi Mellencamp displayed her strength during a recent outing in Los Angeles…