Construction and Home Sales Slump Amid Tariff Uncertainty
TL;DR Summary
The U.S. housing market is experiencing a slowdown with sluggish home sales and reduced construction activity due to economic uncertainty, high mortgage rates, and rising home prices, leading many potential buyers to delay purchasing homes and builders to cut prices amid increased inventory.
Topics:business#construction-slowdown#economy#home-sales#housing-market#housing-prices#mortgage-rates
- ‘We’re in a holding pattern’: Home sales and building slump in the face of uncertainty NPR
- The 9 largest commercial construction starts of April 2025 Construction Dive
- NAHB Members Cite Impact of Tariff Uncertainty on Home Building National Association of Home Builders | NAHB
- Starts jump nearly 30% YOY for buildings with 5 or more units Multifamily Dive
- Report: Tariffs driving up cost of new home construction The Center Square
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