The house price to income ratio in Austria in the first quarter of 2024 declined notably since its peak in 2022. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Austria's index score in the first quarter of 2024 amounted to 119.8, which means that house price growth has outpaced income growth by almost 20 percent since 2015. This was higher than the average house price to income ratio in the Euro area 16.
House price to income ratio in Austria from 1st quarter 2012 to 1st quarter 2024
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OECD. (August 27, 2024). House price to income ratio in Austria from 1st quarter 2012 to 1st quarter 2024 [Graph]. In Statista. Retrieved December 07, 2024, from https://www.statista.com/statistics/591801/house-price-to-income-ratio-austria/
OECD. "House price to income ratio in Austria from 1st quarter 2012 to 1st quarter 2024." Chart. August 27, 2024. Statista. Accessed December 07, 2024. https://www.statista.com/statistics/591801/house-price-to-income-ratio-austria/
OECD. (2024). House price to income ratio in Austria from 1st quarter 2012 to 1st quarter 2024. Statista. Statista Inc.. Accessed: December 07, 2024. https://www.statista.com/statistics/591801/house-price-to-income-ratio-austria/
OECD. "House Price to Income Ratio in Austria from 1st Quarter 2012 to 1st Quarter 2024." Statista, Statista Inc., 27 Aug 2024, https://www.statista.com/statistics/591801/house-price-to-income-ratio-austria/
OECD, House price to income ratio in Austria from 1st quarter 2012 to 1st quarter 2024 Statista, https://www.statista.com/statistics/591801/house-price-to-income-ratio-austria/ (last visited December 07, 2024)
House price to income ratio in Austria from 1st quarter 2012 to 1st quarter 2024 [Graph], OECD, August 27, 2024. [Online]. Available: https://www.statista.com/statistics/591801/house-price-to-income-ratio-austria/