Real estate in the Balearic Islands ranked as the least affordable by Spaniards, with a potential number of 18.2 years that the average person would need to acquire a property on a full salary. Madrid and Catalonia followed far behind as the second and third least affordable Spanish region, with a total of 9.7 and nine index points, respectively.
Housing affordability index in Spain in 4th quarter 2022, by region
Housing affordability index: number of years that the average citizen would require to purchase an average priced property with their full salary. It is the result of dividing the property's market value by the average citizen's gross annual income.
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Sociedad de Tasación. (May 31, 2023). Housing affordability index in Spain in 4th quarter 2022, by region [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/765289/housing-affordability-index-spain-by-autonomous-community/
Sociedad de Tasación. "Housing affordability index in Spain in 4th quarter 2022, by region." Chart. May 31, 2023. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/765289/housing-affordability-index-spain-by-autonomous-community/
Sociedad de Tasación. (2023). Housing affordability index in Spain in 4th quarter 2022, by region. Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/765289/housing-affordability-index-spain-by-autonomous-community/
Sociedad de Tasación. "Housing Affordability Index in Spain in 4th Quarter 2022, by Region." Statista, Statista Inc., 31 May 2023, https://www.statista.com/statistics/765289/housing-affordability-index-spain-by-autonomous-community/
Sociedad de Tasación, Housing affordability index in Spain in 4th quarter 2022, by region Statista, https://www.statista.com/statistics/765289/housing-affordability-index-spain-by-autonomous-community/ (last visited November 17, 2024)
Housing affordability index in Spain in 4th quarter 2022, by region [Graph], Sociedad de Tasación, May 31, 2023. [Online]. Available: https://www.statista.com/statistics/765289/housing-affordability-index-spain-by-autonomous-community/
