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Tuesday, January 20, 2015

Historical U.S. Homes Priced in gold ounces

US Home Prices

Are U.S. homes expensive? What about gold? Here's a historical chart showing the price of the average U.S. home priced in gold ounces. It takes less than 40 ounces of gold to buy the average house today. At the real estate peak of 2006, the same house cost approximately 120 ounces.

Courtesy Priced in Gold blog.