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News US home-building costs to rise by US$7500 – 10,000 due to gypsum wallboard and lumber tariffs

US home-building costs to rise by US$7500 – 10,000 due to gypsum wallboard and lumber tariffs

Written by Global Gypsum staff
28 March 2025
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US/Canada: The costs of construction of new single-family homes are set to rise by US$7500 – 10,000/unit, according to the National Association of Home Builders. This is due to the government’s introduction of a new 25% tariff on Canadian gypsum wallboard and its raising of the tariff on softwood lumber to the same level from 14.5%.

Last modified on 28 April 2025
Published in Global Gypsum News
Tagged under
  • US
  • Canada
  • government
  • trade
  • import
  • tariff
  • market
  • construction
  • housing
  • costs
  • wood
  • Tax
  • GGM64

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