New homes in the U.S. are set to get more expensive due to President Trump’s tariff agenda.

The claim that new homes in the U.S. Are set to get more expensive due to President Trump's tariff agenda can be broken down into two main components: first, that tariffs have been imposed on imported goods relevant to home construction, and second, that these tariffs have led or will lead to increased costs for new home construction. Evidence shows that during Trump's administration, tariffs were significantly raised on a wide range of imported goods, including construction materials such as softwood lumber, which is a key input in homebuilding.

The U.S. Imports about 30% of its softwood lumber, and tariffs on these imports have increased costs for builders. Newsweek reported that these tariffs could add approximately $10,000 to the cost of building an average house in the U.S.

Additionally, Fast Company noted that some home renovators and sellers have raised prices by 7% to 12% due to increased lumber costs linked to tariffs. Bankrate also highlighted expert opinions suggesting that tariffs are among the factors driving higher home prices.bankrate.combankrate.comHow Will Tariffs And Deportations Affect Housing?

However, some sources indicate that while tariffs have raised prices on certain goods, overall inflationary effects remain limited or uncertain.en.wikipedia.orgen.wikipedia.orgTariffs in the second Trump administration The White House and some economists have downplayed the broader inflation impact of tariffs, though specific sectors like housing materials have seen noticeable price increases.

Therefore, while tariffs are not the sole factor affecting home prices, other elements like labor shortages and supply chain issues also play roles, the evidence supports that Trump's tariff agenda has contributed materially to increased costs in new home construction. This makes the claim mostly true but with nuance regarding the extent and exclusivity of tariffs as a cause.