Gold Ounces Required to Buy a Greater Toronto Area Home | BullionBuzz Chart of the Week

To buy a Toronto area home in 2012 required only marginally less gold than was needed in 2011. This means home prices were rising at least as quickly as gold. Since then, purchasing an average GTA home now requires an additional 200 ounces of gold!

Gold Ounces Required to Buy a Greater Toronto Area Home | BullionBuzz Chart of the Week

Source: CREA.ca; Thomson Reuters Datastream; Bullion Management Group Inc.

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