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Real estate was finally showing signs of stabilizing at the beginning of last year. Then President Donald Trump’s second-term trade policies shook up the market again.  The impact of tariffs and higher mortgage rates pushed potential homebuyers to the sidelines and drove rents across the country to record highs. There were about 4.1 million home sales in 2025, coming in roughly 1,000 below the prior year and the lowest annual total since 1995, according to the National Association of Realtors. Meanwhile, developers scrambled to source materials from countries with lower tariffs and negotiate additional costs with suppliers. “It’s created a […]

This article originally appeared on The Real Deal. Click here to read the full story.

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