Priced in assets

What does a home cost in investment assets?

Dollar prices can rise while the number of equity, bond, gold-ETF or crypto units required to buy the same home falls. Each city page aligns the housing value and asset price to the same period.
  • 7-city launch roster
  • Exact source definitions
  • Monthly, quarterly or annual alignment
  • No dividend reinvestment
Denominator roadmap

Four families, one auditable calculation

13 configured · 18 defined

Investment assets

Equity indices and ETFs, bonds, listed real assets and crypto units.

SPX · SPY · QQQ · VTI · IWM
Source-gated · 8 defined

Commodities and physical units

Named spot benchmarks converted into ounces, barrels, pounds, bushels and energy units.

Gold · Silver · WTI oil · Brent oil · Copper
Source-gated · 9 defined

Consumer currencies

The same item translated through auditable official FX rates into major spending currencies.

USD · EUR · GBP · INR · JPY
Source-gated · 5 defined

Environmental units

Named compliance allowances with their schemes, currencies and represented carbon quantities kept separate.

EUA · UKA · CCA · RGGI · Carbon credit
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Frequently asked questions

8 answers
What does it mean to price a home in an investment asset?

The local home-value measure is divided by the asset price from the same calendar period. The result is the number of asset units required to equal that home value.

Why can a home become cheaper in asset terms while its cash price rises?

If the comparison asset rises faster than the local home value, fewer units of that asset are required even when the home’s local-currency value has increased.

Are dividends and reinvested distributions included?

No. These pages compare literal asset units using the documented price series. They do not use dividend-reinvested total-return series.

Where does the housing data come from?

Each city page identifies its housing source, measure, geography, property type, frequency, and licence beside the chart. Sources differ by market because the pages use the relevant published local housing series.

What does one observation represent?

An observation pairs a published home value with an asset price for the same displayed month, quarter, or year. Periods without both inputs are excluded rather than estimated.

Can the latest housing observation be revised?

Yes. Housing providers can revise recent or historical values. Each detail page states the source’s revision policy and data-through date, so the latest reading may change after a source update.

Can I compare the readings across cities?

You can compare broad direction and scale, but not as if every city used the same housing index. Property definitions, geographic coverage, frequency, and source methodology vary, so each city’s measure definition should travel with the comparison.

Are the home values and asset prices inflation-adjusted?

No separate consumer-price adjustment is applied. The pages compare the published home-value measure with the selected asset’s observed price, both expressed in the city’s local currency.

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