Tariffs could bump up Phoenix home prices

(Disclosure: Rose Law Group represents Meritage Homes, Shea Homes, and Taylor Morrison.)

By Angela Gonzales | Phoenix Business Journal

Homebuilders are expecting tariffs on certain construction materials to impact their costs. While the effects won’t be immediate, price increases could come soon.

Homes currently under construction are being built with materials purchased before tariffs kicked in, said Ken Peterson, vice president of sales and marketing for Shea Homes Arizona.

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