Annual house price to rent ratio in Belgium 1977-2023
In 2023, the annual house price to rent ratio in Belgium reached an index value of 113.7. The house price to rent index is based on the nominal purchase price of a house divided by the annual rent of a similar place, with 2015 chosen as a baseline year. An index value of 113.7 suggests that house price growth has outpaced rental growth by about 14 percent since 2015. That was notably lower than the average house price to rent ration in the OECD countries.