The house price ratio in Italy declined between 2012 and 2024. 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. Italy's index score in the second quarter of 2024 amounted to 86.2, meaning that income growth has outpaced house price growth. Most of the countries in the Euro area observed the opposite trend, with house prices having risen at a faster pace than income.
House price to income ratio in Italy from 1st quarter 2012 to 2nd quarter 2024
Base year 2015=100.
The source adds the following information: "Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database."
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OECD. (December 2, 2024). House price to income ratio in Italy from 1st quarter 2012 to 2nd quarter 2024 [Graph]. In Statista. Retrieved January 29, 2025, from https://www.statista.com/statistics/591673/house-price-to-income-ratio-italy/
OECD. "House price to income ratio in Italy from 1st quarter 2012 to 2nd quarter 2024." Chart. December 2, 2024. Statista. Accessed January 29, 2025. https://www.statista.com/statistics/591673/house-price-to-income-ratio-italy/
OECD. (2024). House price to income ratio in Italy from 1st quarter 2012 to 2nd quarter 2024. Statista. Statista Inc.. Accessed: January 29, 2025. https://www.statista.com/statistics/591673/house-price-to-income-ratio-italy/
OECD. "House Price to Income Ratio in Italy from 1st Quarter 2012 to 2nd Quarter 2024." Statista, Statista Inc., 2 Dec 2024, https://www.statista.com/statistics/591673/house-price-to-income-ratio-italy/
OECD, House price to income ratio in Italy from 1st quarter 2012 to 2nd quarter 2024 Statista, https://www.statista.com/statistics/591673/house-price-to-income-ratio-italy/ (last visited January 29, 2025)
House price to income ratio in Italy from 1st quarter 2012 to 2nd quarter 2024 [Graph], OECD, December 2, 2024. [Online]. Available: https://www.statista.com/statistics/591673/house-price-to-income-ratio-italy/