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U.S. Housing Prices in Silver.

In Investment Returns on April 4, 2011 by CQCA

The chart above shows the price of a house in the U.S. if it were bought with silver.

In 1975, the average price of a house was $42,600. An ounce of silver was $4.09. Therefore, it would take 10,415.65 ounces of silver to buy one house.

Houses then lost 68% of their value by 1979. The price of a house in that year was 3,294.64 ounces of silver.

The bull market is silver-priced housing lasted until 2003. Between 1979 and 2003, the silver price of a house increased 1,412.5%.

Between 2003 and 2010, the silver price of a house decreased 73.35%.

For reference, the value of homes in Dollars, gold, and silver is shown below.

Sources: Housing price data is from the U.S. Census Bureau and gold and silver prices are from Kitco.

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