Home price-to-income ratio change since 2015:
🇵🇹 Portugal: 58%
🇨🇦 Canada: 37%
🇺🇸 United States: 30%
🇳🇱 Netherlands: 30%
🇨🇭 Switzerland: 27%
🇨🇿 Czechia: 24%
🇦🇺 Australia: 22%
🇱🇺 Luxembourg: 20%
🇮🇪 Ireland: 18%
🇸🇮 Slovenia: 18%
🇬🇷 Greece: 17%
🇪🇸 Spain: 17%
🇦🇹 Austria: 16%
🇪🇪 Estonia: 15%
🇭🇺 Hungary: 14%
🇯🇵 Japan: 12%
🇳🇴 Norway: 10%
🇩🇪 Germany: 7%
🇱🇹 Lithuania: 6%
🇩🇰 Denmark: 6%
🇬🇧 United Kingdom: 5%
🇸🇰 Slovak Republic: 5%
🇱🇻 Latvia: 5%
🇵🇱 Poland: 2%
🇭🇷 Croatia: -1%
🇸🇪 Sweden: -2%
🇧🇪 Belgium: -4%
🇫🇷 France: -6%
🇧🇬 Bulgaria: -12%
🇮🇹 Italy: -13%
🇰🇷 Korea: -17%
🇫🇮 Finland: -19%
🇷🇴 Romania: -44%
With the sharpest rise across OECD countries, thousands of Portugese citizens protested about affordability in 2024 amid a shortage of housing supply and an influx of wealthy foreigners moving to the country.
Ratio indexed to 2015. Bulgaria, Croatia, and Romania are not OECD economies. Data is seasonally adjusted. Data as of Q3 2024. For Canada and Switzerland, data as of Q4 2024.
Source: OECD