Despite the trillions of dollars of direct support from both the Federal Reserve and Congress, real housing values have yet to recover a fraction of their losses. Mainstream press reports of a solid recovery in housing markets usually neglect to mention, that according to the Case-Shiller National Index, housing prices are still lower than they were at the turn of the century.
Info and graphs at link:
http://goldsilver.com/news/gold-has-outperformed-housing-by-600-since-2001/
