The house price to rent ratio in Austria increased between 2015 and 2022, followed by a decline in 2023. In the second quarter of 2023, the house price to rent ratio amounted to 129.3 index points, down from 141.1 index points in the third quarter of 2022. The house price to rent ratio is calculated by dividing nominal house prices by rent prices, with 2015 as a base year with the index value set to 100. An index value of 130 means that house price growth outpaced rental growth by 30 percent since 2015. As compared to the OECD average, Austria had a lower house price to rent ratio.
House price to rent ratio in Austria from 1st quarter 2015 to 2nd quarter 2023
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OECD. (October 27, 2023). House price to rent ratio in Austria from 1st quarter 2015 to 2nd quarter 2023 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/592176/house-price-to-rent-ratio-austria/
OECD. "House price to rent ratio in Austria from 1st quarter 2015 to 2nd quarter 2023." Chart. October 27, 2023. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/592176/house-price-to-rent-ratio-austria/
OECD. (2023). House price to rent ratio in Austria from 1st quarter 2015 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/592176/house-price-to-rent-ratio-austria/
OECD. "House Price to Rent Ratio in Austria from 1st Quarter 2015 to 2nd Quarter 2023." Statista, Statista Inc., 27 Oct 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/592176/house-price-to-rent-ratio-austria/
OECD, House price to rent ratio in Austria from 1st quarter 2015 to 2nd quarter 2023 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/592176/house-price-to-rent-ratio-austria/ (last visited September 20, 2024)
House price to rent ratio in Austria from 1st quarter 2015 to 2nd quarter 2023 [Graph], OECD, October 27, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/592176/house-price-to-rent-ratio-austria/