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- 2011 Blog -Single-Family
Home Price in Gold ==> Highest APY CDs with FDIC
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Single-Family
Home Price in Gold Median single-family home price divided by the price of an ounce of gold |
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Same chart from April
2010 and Inflation
Adjusted Home Prices
On March 11, 2011 Chartoftheday.com wrote: "For some perspective on
the all-important real estate 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
120 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 80% from its 2001 peak
(to a level last seen in 1980) and remains well within the confines of
its six-year accelerated downtrend and not far off its 1980 trough."
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Rates at Largest US Banks |
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| 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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