🇨🇦📢 US TRADE POLICY ADDING $50,000 TO NEW HOME COSTS

🔹 Levies on imported steel, aluminum & lumber are crushing construction budgets 🏗️
🔹 Builders estimate an extra +$30,000 to +$50,000 cost for every single-family home 💸
🔹 This spike hits just as Canada needs 3.5M new homes to fix affordability 🛑
🔹 Retaliatory measures on appliances & glass are further squeezing developer margins 📉
🔹 The gap widens: New builds get more expensive while resale prices soften 🏠

If building becomes too costly, supply halts. That means higher prices for everyone.

#CanadaHousing #construction #costs #inflation #homebuilding

@canada