
Canadian import taxes reach about 45% for many producers supplying U.S. builders.

Canadian import taxes reach about 45% for many producers supplying U.S. builders.

The builder cited affordability concerns and competitive conditions, and said it adjusted incentives, sales pace and production while working down spec inventory.

Homebuilder reports 5% revenue decline and narrower margins as affordability improves but confidence lags.

Order value declines to $3.6 billion as unit backlog shrinks by 18% from prior year.