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International Business Times
International Business Times
National
Mark Moore

Trump's Tariffs Could Add $20K To The Cost Of Building A New Home

An analysis of President Donald Trump's proposed 25% tariffs on goods from Mexico and Canada would make housing costs rise more than 5% this year. (Credit: JIM WATSON/AFP via Getty Images)

President Donald Trump's announced tariffs on goods from Mexico and Canada could send home construction costs soaring to more than 5% this year, according to an analysis by CoreLogic.

The California-based data analysis company said it examined the potential impact of Trump's 25% tariffs on Canada and Mexico, which are now paused, on building costs and home prices.

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