Fitch says that the Iran conflict will delay US housing recovery due to cost and demand headwinds; sustained high oil prices will increase input costs while simultaneously weakening housing demand

Fitch's comments highlight how the Iran conflict poses significant headwinds for the US housing market, primarily through rising oil prices which increase construction costs while simultaneously dampening demand. This dual impact suggests a challenging environment for home builders, who may struggle to maintain margins as demand weakens. As a result, we should be cautious about the housing sector's near-term recovery prospects, particularly as these geopolitical tensions persist.