- Articles - Articles - 2015 - Blog:  Medium Single-Family Home Prices in Ounces of Gold 
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Medium Single-Family Home Price in Gold
Kirk Lindstrom on Cover of Timer Digest
Graph showing the median single-family home price in the US
divided by the price of an ounce of gold

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April 8, 2015: The Fed may say there is little or no inflation but the price of a single family home priced in gold has roughly doubled in three years.  Chartoftheday.com1 wrote:
For some perspective on the single-family home market, 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 168 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 72% from its 2001 peak. Since making a new 32 year low back in early 2012, home prices (priced in that other global currency -- gold) have worked their way higher. Currently, home prices (priced in gold) are currently testing support of a three-year uptrend.
Median Single-Family Home

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Kirk Lindstrom on Cover of Timer Digest
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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" 
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