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Fox Business Corresponding Germer Willis provides information on the effects of tariffs on home building and reduces the latest housing data.
Recently, the tariffs announced by President Donald Trump, caused concern among the US house-founders.
These concerns, this Fox Business Correspondent Germry Willis On Wednesday, the president walks a tariff with a tariff in recent weeks, including 25% of steel imports to restore the tariff to 25% to reduce the increase in aluminum imports.
Trump has previously announced a 10% tariff for 24% of import from Canada and Mexico to import from China; However, the money that targeted Canada and Mexico was stopped until the beginning of March.
President Donald Trump, on February 10, signed a number of executive commands in the oval office at the White House. (Andrew Harnik / Getty Images / Getty Images)
Tuesday, Home Builders National Association / Wells Fargo Housing Market Construction Index, a five-point landing for a single family apartment, hit 42 in February.
President Trump looks to produce us with tariffs
According to the Nahbite, the index is under the 50-point criterion for positive feelings and the lowest levels acquired in five months.
Homebuilder was approached in February 46 for current sales conditions, four points from the previous month. Other information from HMI, stating that they feel negative about the prospects for sale in the next six months, this is the expectations of 46.
“Builders have created 2025 expectations in the latest HMI for regulatory reforms, policy uncertainty and value factors. The lowest level since December 2023. NAHB Board Chairman Carl Harris said.
Kyle, Texas, USA, USA, employees in front of houses under construction on March 18, 2024. The US Census Bureau is scheduled to start the start of apartments on March 19. (Photographer: Jordan Vonderhaar / Bloomberg Getty Imager / Getty Images)
Applications to build Apartment with new feature In January, 1.48 million was 1.48 million in the level of 1.48 million, according to the new US Listing Bureau, was released on Wednesday.
Meanwhile, the apartment since December, 9.8% since December, the annual adjustable annual annual annual annual annual year. In particular, in December 1, in December 1, in December, was 993,000, 8.4% less.
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Trump’s Steel and aluminum tariffs In the middle of March, it will take effect.
When the White House explains them last week, increasing the new development and frustration efforts to re-evolve after natural disasters, increasing their housing expenses, to increase housing costs, he said, “completely meters.” According to Homebuyers, they defended they would face upright prices.
NAHB raised similar concerns Tariffs in import of Canada and Mexico After the announcement of Trump these days, “Increase the price of construction and new development”. This called for the construction materials to be free from freedom.
Building materials such as soft wood lamberi, gypsum, steel and aluminum, according to Nahb, the cost increases due to tariffs. Home appliances may also be affected.
Willis “Economists said that the market was friends who were friends.
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“According to Realtor.com, home prices were 15.6% of the market. This is almost a percentage of a year ago” “This is a percentage of more vendors that are more flexible in price is the sign. “
Modares and Douglass said they did not feel the first houses together as an investment and did not feel if he had to wait until he was a wife. (ITOK / ISTOCK)
Realtor.com, which fell 2.2% since the same month last year, the secondary list for houses in the first place was $ 400,500. According to the report, in January 2019, 38.4% of the houses are higher than 38.4%.
According to Freddie Mac, the average 30-year-old feasibilityary mortgage rate on February 13, reached 6.87%. 0.02 percent point dropped from the previous week.
Mortgage rates, by the end of 2025, 6.5%, Fannie Mae Economic and Strategic Research Group will be projected in late last month. By the end of 2026 it can be 6.3%.
