Showing 1 to 12 of 15 results
James Hardie's \$10 Billion Market Crash Amidst US Housing Slump
James Hardie, an Australian building products group, suffered a \$10 billion market valuation loss due to weak US housing market conditions and poor financial decisions, including a \$14 billion Azek acquisition without investor approval, resulting in decreased earnings and investor distrust.
James Hardie's \$10 Billion Market Crash Amidst US Housing Slump
James Hardie, an Australian building products group, suffered a \$10 billion market valuation loss due to weak US housing market conditions and poor financial decisions, including a \$14 billion Azek acquisition without investor approval, resulting in decreased earnings and investor distrust.
Progress
52% Bias Score
Sharp Rise in US Housing Market Declines
One-third of US housing markets are experiencing price drops, with 109 of the 300 largest markets seeing declines between June 2024 and June 2025, compared to 31 in January 2025; this shift is attributed to increased inventory and a buyer's market.
Sharp Rise in US Housing Market Declines
One-third of US housing markets are experiencing price drops, with 109 of the 300 largest markets seeing declines between June 2024 and June 2025, compared to 31 in January 2025; this shift is attributed to increased inventory and a buyer's market.
Progress
40% Bias Score
US Home Sales Plummet to 16-Year Low Amid Economic Uncertainty
US home sales in May 2025 hit a 16-year low, primarily due to high mortgage rates, economic uncertainty, and increased HOA fees; the market is now seeing 34 percent more sellers than buyers nationwide.
US Home Sales Plummet to 16-Year Low Amid Economic Uncertainty
US home sales in May 2025 hit a 16-year low, primarily due to high mortgage rates, economic uncertainty, and increased HOA fees; the market is now seeing 34 percent more sellers than buyers nationwide.
Progress
48% Bias Score
US Home Prices Dip Amidst Economic Uncertainty
US average home prices fell 0.1 percent in April 2024, marking the first monthly decline since 2022, due to buyer hesitancy amid economic uncertainty and high mortgage rates, leading to increased housing inventory and slower price growth across 50 major US metro areas.
US Home Prices Dip Amidst Economic Uncertainty
US average home prices fell 0.1 percent in April 2024, marking the first monthly decline since 2022, due to buyer hesitancy amid economic uncertainty and high mortgage rates, leading to increased housing inventory and slower price growth across 50 major US metro areas.
Progress
56% Bias Score
Record Hispanic Homeownership in 2024: A 49% Share and 35% of National Growth
The 2024 NAHREP report reveals a record 9,781,000 Hispanic homeowners in the U.S., representing 49% of Hispanic households and a 35% share of national homeownership growth, despite economic headwinds; this reflects a 42% increase over the past decade, driven by factors including greater mobility and...
Record Hispanic Homeownership in 2024: A 49% Share and 35% of National Growth
The 2024 NAHREP report reveals a record 9,781,000 Hispanic homeowners in the U.S., representing 49% of Hispanic households and a 35% share of national homeownership growth, despite economic headwinds; this reflects a 42% increase over the past decade, driven by factors including greater mobility and...
Progress
28% Bias Score
US Existing Home Sales Plunge to Near 30-Year Low
US existing home sales in 2024 hit a near three-decade low of 4.06 million due to record-high home prices ($407,500 median) and elevated mortgage rates (peaking at 7.22%), although December saw a slight increase, and experts predict continued challenges in 2025.
US Existing Home Sales Plunge to Near 30-Year Low
US existing home sales in 2024 hit a near three-decade low of 4.06 million due to record-high home prices ($407,500 median) and elevated mortgage rates (peaking at 7.22%), although December saw a slight increase, and experts predict continued challenges in 2025.
Progress
40% Bias Score
US Spring Home Sales Hit 13-Year Low Amidst Market Slowdown
The US spring 2025 homebuying season marked a 13-year low in sales, driven by high mortgage rates, elevated prices, and economic uncertainty, resulting in a 'paralyzed' market with widespread price cuts and increased inventory, particularly in Sun Belt metros.
US Spring Home Sales Hit 13-Year Low Amidst Market Slowdown
The US spring 2025 homebuying season marked a 13-year low in sales, driven by high mortgage rates, elevated prices, and economic uncertainty, resulting in a 'paralyzed' market with widespread price cuts and increased inventory, particularly in Sun Belt metros.
Progress
56% Bias Score
US Home Sales Slow to Lowest Pace Since September as Prices Hit Record High
US existing home sales dropped 2.7% in June 2024 to 3.93 million units, the slowest pace since September 2023, due to high mortgage rates near 7% and a record median home price of $435,300; the number of homes for sale increased, yet remains below pre-pandemic levels.
US Home Sales Slow to Lowest Pace Since September as Prices Hit Record High
US existing home sales dropped 2.7% in June 2024 to 3.93 million units, the slowest pace since September 2023, due to high mortgage rates near 7% and a record median home price of $435,300; the number of homes for sale increased, yet remains below pre-pandemic levels.
Progress
32% Bias Score
US Home Purchase Cancellations Surge to Record High
A record 14.3% of US home purchase contracts were canceled in April 2024 (56,000 deals), driven by 7% mortgage rates, economic fears, and high insurance costs in disaster-prone areas, marking a shift to a buyer's market.
US Home Purchase Cancellations Surge to Record High
A record 14.3% of US home purchase contracts were canceled in April 2024 (56,000 deals), driven by 7% mortgage rates, economic fears, and high insurance costs in disaster-prone areas, marking a shift to a buyer's market.
Progress
60% Bias Score
US Home Price Declines Double Since January 2024
The number of major US metro areas with falling home prices nearly doubled since January 2024, reaching 60 out of 300, driven by increased inventory, higher mortgage rates, and economic uncertainty; this trend is expected to continue into late 2025.
US Home Price Declines Double Since January 2024
The number of major US metro areas with falling home prices nearly doubled since January 2024, reaching 60 out of 300, driven by increased inventory, higher mortgage rates, and economic uncertainty; this trend is expected to continue into late 2025.
Progress
52% Bias Score
U.S. Home Sales Fall in January Amid High Mortgage Rates
January's U.S. pre-owned home sales fell 4.9% to 4.08 million units, a decline attributed to high mortgage rates around 7% and a median home price of $396,900; however, unsold homes increased to 1.18 million units.
U.S. Home Sales Fall in January Amid High Mortgage Rates
January's U.S. pre-owned home sales fell 4.9% to 4.08 million units, a decline attributed to high mortgage rates around 7% and a median home price of $396,900; however, unsold homes increased to 1.18 million units.
Progress
36% Bias Score
U.S. Housing Market: Imperfections, Not Crisis
A Cato at Liberty blog series challenges the prevailing narrative of a U.S. housing crisis, presenting data on increasing home sizes, stable work hours needed to afford rent (until 2019), and rising household incomes to argue that housing affordability has improved despite market imperfections.
U.S. Housing Market: Imperfections, Not Crisis
A Cato at Liberty blog series challenges the prevailing narrative of a U.S. housing crisis, presenting data on increasing home sizes, stable work hours needed to afford rent (until 2019), and rising household incomes to argue that housing affordability has improved despite market imperfections.
Progress
56% Bias Score
Showing 1 to 12 of 15 results