Middle East: House Price to Income Ratio

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Morocco   66.39x
Jordan   42.00x
Lebanon   34.84x
Egypt   34.22x
Israel   23.04x
UAE   16.91x

 

 

Middle East: 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.

 

Statistics for the Middle-East. In the Middle East, only Israel publishes official house price time-series. But there are good general economics statistics in some Middle Eastern countries.

 



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