Tariffs to add as much as $10,000 to the cost of the average new home, trade association says
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President Trump has temporarily paused tariffs on Canadian and Mexican imports, but if implemented, these tariffs could increase the cost of materials for new homes by up to $10,000, according to the National Association of Home Builders.
March 13, 2025 | 4:30 pm
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KB Home, a major homebuilder, could face increased costs if tariffs on Canadian and Mexican imports are implemented, potentially raising the cost of new homes by up to $10,000.
As a homebuilder, KB Home would be directly affected by increased material costs due to tariffs, potentially impacting their pricing and profit margins.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80