Ray White Now | September 2021 | Page 10

Price growth is accelerating faster than rents in most countries
Price growth has has been been adjusted adjusted for inflation for inflation Source : ​ ​IMF : IMF , Ray , Ray White White
Price to rent ratio , index
Country price-to-rent ratio , index , 2015 = 100 Luxembourg 151 Latvia 144 Slovak Republic 143 Portugal 141 Russia 140 Hungary 140 Czech Republic 140 Germany 133 Canada 133 Netherlands 131 Mexico 130 Iceland 128 Sweden 126 Spain 123 Slovenia 122 Denmark 122 New Zealand 122 Greece 120 Euro area 119 Turkey 119 France 118 United States 118 United Kingdom 118 Ireland 116 Colombia 115 Austria 114 Norway 114 Poland 114 Australia 114 Switzerland 114 Belgium 113 Lithuania 112 Japan 111 Israel 111 Estonia 109 Korea 105 Chile 104 Italy 99 Finland 98 South Africa 97
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