Aging Homes

1 article

Split image showing an old house undergoing renovation and a new construction site, symbolizing the US housing market's focus on repair over new builds due to affordability.

US Home Age Sparks Renovation Boom Amid Affordability Crisis

Home renovation spending reached a record $450 billion in 2023, a staggering sum poured into an aging housing stock where the median home is now 40 years old.

Olivia Hart·June 28, 2026