The U.S. housing market is slowing as economic uncertainty, elevated interest rates and President Trump’s ongoing trade war push construction costs higher and dampen consumer confidence. While some regions saw short-term gains in new home sales, broader indicators such as falling construction starts and rising rent suggest mounting strain. Buyers and sellers alike are increasingly hesitant, with many stuck in place amid affordability challenges and economic volatility.
Source: https://www.washingtonpost.com/business/2025/05/05/housing-economy-tariffs-rates/
