US Builders Face Possible Antitrust Probe Over Housing Prices
The White House is probing whether U.S. homebuilders might be colluding to keep prices high, a move aimed at easing the nation’s housing crisis.
What Is Under Review?
Officials say they are reviewing evidence that builders could be sharing data through a group called Leading Builders of America. The association, which includes big names like D.R. Horton, Lennar, PulteGroup and Toll Brothers, may be used to coordinate how many homes are built or how much they cost.
Status of the Investigation
Because the Department of Justice has not yet confirmed its plans, the investigation could start in a few weeks or may be delayed.
Why It Matters
The discussion comes as builders plan to launch a “Trump Homes” program that would produce almost one million new houses. That initiative follows recent concerns that high inflation is pushing buyers away from the market and lowering overall sales.
If the probe goes forward, it could force builders to change how they share information and set prices. The outcome may help lower home costs, but it could also slow construction if new rules are too restrictive.
The federal government’s interest in this matter shows how serious the housing affordability problem is becoming for many Americans.