Middle East: House Price to Income Ratio

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

 

 

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.