Quarterly house price to rent ratio in Spain 2015-2024
The house price to rent ratio in Spain has increased quarter-on-quarter since 2015, with the second quarter of 2024 seeing the highest index value. In that quarter, the index value amounted to 142.9 index points, up from 135.3 index points in the same period the year before. The house price to rent ratio is calculated by dividing the nominal house prices by rent prices, with 2015 chosen as a base year when the value was set to 100. A value of over 100 shows that house prices have risen at a faster pace than rents. In Spain, the house price to index ratio was lower than the OECD average.