Aging U.S. homes drive surge in repair costs, financial strain for owners (HD:NYSE)

Median U.S. home age is 44 years, leaving a large share of the housing stock in need of major repairs and upgrades. Rising repair and upgrade costs increase homeowner outlays, likely boosting demand for home-improvement services while squeezing household disposable income and affordability.

Analysis

Median U.S. home age is 44 years, leaving a large share of the housing stock in need of major repairs and upgrades. Rising repair and upgrade costs increase homeowner outlays, likely boosting demand for home-improvement services while squeezing household disposable income and affordability.