Africa: Price/Rent Ratio - Rent Years to Buy 120 Sq.M. Property

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Tanzania   12 yrs
Madagascar   14 yrs
South Africa   16 yrs
Gambia   17 yrs

 

 

Africa: Price/rent ratio

This ratio is typically used for measuring undervaluation/overvaluation of real estate prices, calculated by dividing the gross rental yield by 100 – so the higher the yield, the lower the price/rent ratio.

When wereas theise data collected? Click on individual countries to see the data collection date.

 

Statistics for Africa. Africa is a desert so far as house-price statistics are concerned. The exception is South Africa, where ABSA Group releases good house price data, and has a monthly house price index.