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flag New tariffs on imported wood products took effect raising construction costs and threatening home affordability.

flag New tariffs took effect on October 15, 2025, imposing a 10% fee on imported timber and lumber and a 25% fee on kitchen cabinets, bathroom vanities, and certain furniture items. flag These measures are increasing construction costs for homebuilders, leading to greater uncertainty and higher expenses. flag The added financial pressure may result in higher home prices, reduced affordability, and potential delays in construction, further straining an already challenged housing market.

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