Annual house price to rent ratio worldwide 2005-2023
The house price to rent ratio in the OECD countries has increased year-on-year since 2012, reaching the highest index value in 2022. In 2023, the ratio amounted to 134.7, a decline from 137.8 index points the year before. This ratio was calculated by dividing nominal house prices by rent prices, with 2015 chosen as a base year with an index value of 100. An index value of 130 index points means that house price growth outpaced rental growth by 30 percent since 2015.
