The house price ratio in Italy declined between 2012 and 2023. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Italy's index score in the second quarter of 2023 amounted to 89.3, meaning that income growth has outpaced house price growth. Most of the countries in the Euro area observed the opposite trend, with house prices having risen at a faster pace than income.
House price to income ratio in Italy from 1st quarter 2012 to 2nd quarter 2023
Base year 2015=100.
The source adds the following information: "Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database."
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OECD. (November 30, 2023). House price to income ratio in Italy from 1st quarter 2012 to 2nd quarter 2023 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/591673/house-price-to-income-ratio-italy/
OECD. "House price to income ratio in Italy from 1st quarter 2012 to 2nd quarter 2023." Chart. November 30, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/591673/house-price-to-income-ratio-italy/
OECD. (2023). House price to income ratio in Italy from 1st quarter 2012 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/591673/house-price-to-income-ratio-italy/
OECD. "House Price to Income Ratio in Italy from 1st Quarter 2012 to 2nd Quarter 2023." Statista, Statista Inc., 30 Nov 2023, https://www.statista.com/statistics/591673/house-price-to-income-ratio-italy/
OECD, House price to income ratio in Italy from 1st quarter 2012 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/591673/house-price-to-income-ratio-italy/ (last visited November 22, 2024)
House price to income ratio in Italy from 1st quarter 2012 to 2nd quarter 2023 [Graph], OECD, November 30, 2023. [Online]. Available: https://www.statista.com/statistics/591673/house-price-to-income-ratio-italy/
