Property Priced In Gold

US Money Supply, Gold and House Prices

Source validation comes first

PPIG already has annual New York City median residential sale prices and gold prices in US dollars for 2003–2024. A validated US money-supply input is not yet stored in the project, so this page does not draw provisional charts or invent missing values.

The required source is the Federal Reserve's monthly, seasonally adjusted M2 series, published as FRED M2SL in billions of US dollars. The planned annual series will use the arithmetic mean of all 12 monthly observations for each year from 2003 to 2024.

Planned comparison

US money supply and New York property prices

Awaiting validated M2 data

Main dual-axis chart

This chart will compare annual US M2 money supply on the left axis with New York City median recorded residential sale prices on the right axis over the validated common period.

Planned chart

Gold price in USD vs New York property price

This chart will compare the annual average gold price in US dollars per troy ounce with New York City median recorded residential sale prices using separate vertical axes.

Raw figures

The raw figures behind the comparison

US money supply

Awaiting the validated annual M2SL series.

Gold price in USD

Existing 2003–2024 annual values will be copied from the canonical New York market rows during dataset preparation.

New York property price

Existing 2003–2024 median recorded residential sale prices will be copied from the canonical New York market rows.

Source plan

What will be validated before charting

US money supply

Federal Reserve M2 series M2SL, monthly and seasonally adjusted in billions of dollars, converted to calendar-year arithmetic averages only after all 12 observations are present.

Gold in dollars

Annual average USD gold prices already used by PPIG for New York City, retained byte-for-value in the prepared page dataset.

New York property

Median recorded residential sale prices from NYC Department of Finance annualized property sales. This is a median, not an average, and the page will label it accordingly.

Common coverage

The current complete overlap is 2003–2024. The page will not extend the comparison beyond years supported by all three validated series.