📈 Will Trump’s Tariffs Spike New Home Prices? | Tom’s Take 423

Are President Trump's proposed tariffs about to make new homes even more expensive? In this video, we break down how tariffs on Canadian softwood lumber, steel, and other imported materials could increase construction costs by up to 6% — potentially adding $9,200 or more to the price of a new home. We dive into: - The real numbers behind Canadian lumber and its role in U.S. construction - Projected price increases in Philadelphia and surrounding counties - Insights from real estate economists like Selma Hepp and Logan Mohtashami - Why this might be more about negotiation than policy Whether you're a homebuyer, builder, or investor, you’ll want to understand how these tariffs could affect your bottom line. 📍 Especially relevant for those in the Philadelphia region (Philly, Chester, Montgomery, Delaware & Bucks counties). 👉 Subscribe for more real estate updates, housing market insights, and economic breakdowns!