Tuesday, April 25, 2017

Trump’s Canadian lumber tariff could cost US homebuyers about $1,200 per house

Trump just pushed real estate construction costs with the fat Canadian lumber tariff.  Existing real estate improvement values should follow.

"The NAHB estimates the new duty will increase the price of an average single-family home by $1,236.

Just the anticipation of it has pushed lumber prices higher by about 22 percent since the start of this year.

The Trump administration argues that government subsidies for Canadian lumber are unfair."

Link to entire CNBC artice:  Trump’s Canadian lumber tariff could cost US homebuyers about $1,200 per house:


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