Quarterly house price to rent ratio in Austria 2015-2024
The house price to rent ratio in Austria increased between 2015 and 2022, followed by a decline 2023 onwards. In the second quarter of 2024, the house price to rent ratio amounted to 115.9 index points, down from 125.4 index points in the second quarter of 2023. The house price to rent ratio is calculated by dividing nominal house prices by rent prices, with 2015 as a base year with the index value set to 100. An index value of 130 means that house price growth outpaced rental growth by 30 percent since 2015. As compared to the OECD average, Austria had a lower house price to rent ratio.