How the US-Canada Trade Spat Could Cost Dallas Homebuyers

The United States has slapped tariffs of up to 24 percent on Canadian softwood lumber, which is extensively used by American homebuilders. The tariff could push up new home prices nationally and in Dallas-Fort Worth area, where new home prices are already rising at a much faster clip thanks to labor shortage and high demand.Dallas-Fort Worth is one of the hottest homebuilding markets in the country, so any increase in the cost of building materials would have a big impact here. In 2016, the D-FW area led the country in construction of homes and apartments.  Continue reading...

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