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Austin homeowners don't stay in one house for long, data shows

A study by Lending Tree ranked the biggest cities in the country based on how long homeowners keep their house.

AUSTIN, Texas — As home prices go up here in Austin, people aren't sticking around for too long.

According to new data from Lending Tree, people in Austin usually only stay in their homes for about six and a half years.

The study ranked the biggest cities in the country based on how long homeowners keep their house. Austin was number 48 out of 50 on the list.

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The study found that the cities with the highest turnover rates also had high appreciation rates.

Home values in Austin jumped about 30 percent from 2014 to 2017.

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