House price to income ratio in Spain 2012-2024, per quarter

Published by Statista Research Department, Dec 2, 2024

The house price to income ratio index in Spain increased by about 15 index points between 2015 and the second quarter of 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. Spain's index score in the second quarter of 2024 amounted to 115.5, which means that house price growth has outpaced income growth by more than 15 percent since 2015. This was slightly higher than the Euro area 17 average.

Quarterly house price to income ratio in Spain from 1st quarter 2012 to 2nd quarter 2024

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Release date

2024

Region

Spain

Survey time period

Q1 2012 to Q2 2024

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