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Tariffs could raise the average cost of a single family home by $7,885: UBS
CNBC Televisionยท2025-08-01 19:21

Welcome back to the exchange. UBS estimating tariffs could raise the average cost of building a single family home by nearly $8,000. Uh that's after the president's announcement last night which included raising tariffs on Canadian exports to 35%.Those went into effect at midnight while other countries tariffs take effect in a week could have a big impact on lumber prices. Joining me now is UBS analyst John Lavalo. John, uh, your estimate had been a little lower, now pretty close to $8,000 cost, but h how d ...