How the US housing market is pricing in Trump's tariffs

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Sun, Mar 23, 2025, 9:00 AM

US existing home sales unexpectedly surged by 4.2% in February, as reported by the National Association of Realtors (NAR), when the figure was expected to fall by 3.2% month-over-month. Uncertainty continues to loom around the housing market over elevated mortgage rates and the threat of President Trump's tariffs on homebuilding materials.

Mortgage Bankers Association (MBA) chief economist Mike Fratantoni explains the pressures tariff policies is putting on homebuilders and homebuyers alike.

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