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In the market for a new condo? Developers are bracing for construction costs to surge — as high as 20% because of Trump’s tariffs.

/ Owner - April 9, 2025

Construction costs started surging in anticipation of tariffs — and they could get worse amid the latest round of tariff announcements. That translates into higher costs for new condos and homes. “We’re seeing [subcontractors] throw an additional cushion into their numbers anticipating tariffs,” Related Group CEO Jon Paul Pérez told CNBC.    Read the article…………………………….

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