|New Zealand||18 yrs|
Pacific: 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 the Pacific Region. The bright spots in the Pacific are Australia and New Zealand, both countries which publish excellent house price statistics, as well as very good general economics statistics.