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Podcast: The Tom Toole Sales Group Podcast
Episode: 📈 Will Trump’s Tariffs Spike New Home Prices? | Tom’s Take 423
Description: 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, bu...