Annual aggregate house price to income ratio of OECD countries 2005-2023
The aggregate house price to income ratio of OECD countries from 2005 to 2023 increased overall. In 2023, the aggregate house price to income ratio of the OECD countries amounted to 117.4 percent, which means that since 2015, the growth of house prices had outpaced income growth by 17 percent.
This ratio was calculated by dividing nominal house prices by nominal disposable income per head. The house price to income ratio of OECD countries varies strongly.
