Steve Deller, a professor of agricultural and applied economics at the University of Wisconsin-Madison, said the seasonality of Wisconsin’s housing market helped insulate the state from similar month-to-month declines.
“I’m not going to rush my purchasing of a house because I think tariffs are going to hit,” Deller said. “I’m going to rush my purchasing of, say, a washer and dryer or refrigerator or a car because I think tariffs are going to cause prices to go up and I want to get them now. The housing market isn’t going to be hit by tariffs the same way.”