Price/Rent Ratio - Luxembourg Compared to Europe
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Ascending Rank |
Descending Rank
| Turkey |
52 yrs
|
| Austria |
51 yrs
|
| UK |
37 yrs
|
| France |
36 yrs
|
| Germany |
34 yrs
|
| Norway |
32 yrs
|
| Czech Rep. |
32 yrs
|
| Andorra |
32 yrs
|
| Russia |
31 yrs
|
| Switzerland |
30 yrs
|
| Malta |
30 yrs
|
| Netherlands |
27 yrs
|
| Latvia |
26 yrs
|
| Italy |
26 yrs
|
| Greece |
25 yrs
|
| Spain |
25 yrs
|
| Finland |
24 yrs
|
| Luxembourg |
23 yrs
|
| Serbia |
23 yrs
|
| Slovak Rep. |
22 yrs
|
| Lithuania |
21 yrs
|
| Cyprus |
21 yrs
|
| Denmark |
21 yrs
|
| Belgium |
21 yrs
|
| Macedonia |
20 yrs
|
| Bulgaria |
20 yrs
|
| Slovenia |
19 yrs
|
| Hungary |
19 yrs
|
| Croatia |
18 yrs
|
| Portugal |
18 yrs
|
| Poland |
18 yrs
|
| Romania |
16 yrs
|
| Estonia |
15 yrs
|
| Ireland |
14 yrs
|
| Montenegro |
13 yrs
|
| Ukraine |
11 yrs
|
| Moldova |
10 yrs
|
Luxembourg: 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.
Luxembourg publishes average apartment price time-series starting Q1 2007, available on-line from the Service Central de la Statistique et des Etudes Economiques du Luxembourg (Statec). The Ministere du Logement also publishes quarterly advertised selling prices of houses. General economic statistics can be got from the Banque Centrale du Luxembourg, and from Statec.