Lately, I’ve been hearing a new concern: “Will tariffs derail the housing market?” With headlines swirling and economic forecasts shifting by the day, it’s a fair question.
The truth is, tariffs had been creating some real uncertainty. Materials like lumber, steel, and appliances—key components for new construction and remodeling—saw some price increases, putting pressure on builders and, in some cases, raising concerns about affordability. Even more notably, the uncertainty that all of this creates among consumers can result in a “wait and see” mentality from some buyers and sellers.
But in recent days, the outlook has improved. The U.S. and China are reportedly negotiating a reprieve ...