Wednesday, March 13, 2013

House Prices in New Zealand v Gold - February, 2013

In February, 2013, the gold ounce to house price ratio has moved in favour of houses. It now takes 10 gold ounces more to buy the median priced Auckland house than it did in January, and 7 1/2 ounces more to buy a median priced house in New Zealand.




Gold in New Zealand dollars: $1931.53 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $35.42 per oz
Previous all-time high: $59.19 per oz (30 Apr, 2011)
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