Monday, June 7, 2010

Real Estate - Median Home Price

Factors driving the real estate market:
(1) Deleveraging
(2) Restricted access to credit

As a result, nominal (U.S. dollar) and real (gold-adjusted) prices are falling sharply. Those expecting a quick turn in real estate will be disappointed.

U.S. Median Home Price (MHP):


U.S. Median Home Price (MHP) to Gold:


Source: census.gov

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