This is the Acadiana Business e-mail newsletter from The Acadiana Advocate.
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The Advocate
Thursday, April 3rd, 2025
 
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Tariffs and the home building market

BY ADAM DAIGLE | Acadiana Business Editor​ ​ ​

My veteran real estate analyst Bill Bacque likes to refer to it as the three I's: interest rates, inflation and insurance rates. Each one has slowed down parts of the home construction business, particularly the higher-price markets, and now tariffs are entering the picture.

Brian Clement, the Louisiana state representative with the National Home Builders Association and co-owner of Lafayette-based CA Homes, admits his market is soft. Now tariffs on lumber alone could increase the price a house between $7,500 and $10,000, he said. 

Clement talked with our Baton Rouge business editor, Timothy Boone, for a Q&A. You can read his story here. 

Have a great day and thanks again for reading. 

 
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The Michelin Guide is coming to Louisiana. Will any Lafayette restaurants make the list?

Restaurants in the American South region — including Louisiana — are up for Michelin review for the first time, giving Lafayette and Acadiana restaurants the opportunity to earn a coveted star from the global culinary brand.  Read more

One Acadiana offers scholarships aimed at helping students graduate

One Acadiana launched its rebranded scholarship program for students continuing their education at select post-secondary education institutions in Acadiana. Read more

South Louisiana shipbuilder to debut new unmanned boat at national symposium next week

Iberia Parish-based manufacturer Metal Shark Boats will debut its unmanned surface vessel at the upcoming Sea-Air-Space military symposium next week. Read more

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