Israel

House Price to Income Ratio - Israel Compared to Continent

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UAE	9.57x
Israel	20.17x
Lebanon	29.26x
Jordan	33.26x
Egypt	39.61x
Morocco	78.63x

 

 

Israel: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.

 

Israel has official house price statistics. The Central Bureau of Statistics (CBS) releases quarterly average prices of owner-occupied dwellings by residential area. Statistics on dwelling construction and sales activities are also available. General economics statistics are published by the CBS.