Where Housing Stock Is Aging
An area’s age of housing could be an important measurement for the real estate market.
The age of the housing stock can vary dramatically across the country. For example, New York has some of the oldest homes, with a median age of 60 years. Massachusetts follows, with a median age of 56 years, and Rhode Island with 55 years. Washington, D.C., has a median age of more than 79 years for…
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