KirkLindstrom.com - Charts - 2011 - Medium Single-Family Home Prices in Ounces of Gold 
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  Medium Single-Family Home Price / Gold
Median single-family home price divided by the price of an ounce of gold

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On September 9, 2011 Chartoftheday.com1 wrote:
The struggling real estate market remains a concern for investors. For some perspective on home prices, today's chart presents the median single-family home price divided by the price of one ounce of gold. This results in the home / gold ratio or the cost of the median single-family home in ounces of gold. For example, it currently takes a relatively low 94 ounces of gold to buy the median single-family home. This is dramatically less than the 601 ounces it took back in 2001. When priced in gold, the median single-family home is down 84% from its 2001 peak (to a level last seen in 1980) and remains well within the confines of a six-year accelerated downtrend and continues to close in on its 1980 trough.
Median Single-Family Home
 
Chart of DJIA priced in Ounces of Gold


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30-Year Conventional Mortgage Rate Historical Chart 30-Year FHA Mortgage Rate Historical Chart
Note 1.  Source: Chart of the Day  "Journalists and bloggers may post the above free Chart of the Day on their website as long as the chart is unedited and full credit is given with a live link to Chart of the Day at http://www.chartoftheday.com." 
 
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