New 25% tariffs on Canada & Mexico affecting construction costs, home prices & mortgage rates.
- Construction & renovation costs rising—expect higher prices for new builds & materials.
- Home prices may increase, making resale homes more attractive.
- Interest rates could decrease even more rapidly, impacting buyers & investors.
- Rental demand growing as affordability declines.
- Investors should monitor U.S. real estate risks due to policy changes & exchange rates.
Action Steps: Lock in mortgage rates, plan renovations early & stay informed.