Old homes in the U.S. now cost just as much as new properties. Here's why

Old homes in the U.S. now cost just as much as new properties. Here's why

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Looking for a house? A newly built home might not cost you any more than buying an older one. Historically, older houses have cost tens of thousands of dollars less than newly constructed properties. But existing homes now cost a median of $416,000, which as of May is the same price as for new…

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