How Many Years of Savings Are Needed to Buy a House? Real Estate Price Index by Country, 2009-2024

This chart compares the real estate price indices of different countries from 2009 to 2024, showing how many years of average income are needed to buy a house in each country. It provides a visual understanding of the changes in major housing markets and highlights the impact of economic growth and inflation on real estate prices.

How Many Years of Savings Are Needed to Buy a House? Real Estate Price Index by Country, 2009-2024

This chart compares the real estate price indices of different countries from 2009 to 2024, showing how many years of average income are needed to buy a house in each country.

Change Chart

    The real estate price index measures the average change in housing prices over a specific period. It indicates how many years of average income would be needed to buy a house if all income were saved. This index is crucial for evaluating housing affordability and economic conditions, reflecting price fluctuations in the housing market due to economic growth and inflation.

    RankNameIndicator
    1
    Syria
    101.9 yrs
    2
    Ethiopia
    43.1 yrs
    3
    Cameroon
    42.9 yrs
    4
    Sri Lanka
    36.0 yrs
    5
    Nepal
    35.2 yrs
    6
    Hong Kong
    32.1 yrs
    7
    China
    29.6 yrs
    8
    Lebanon
    27.4 yrs
    9
    Philippines
    27.0 yrs
    10
    Thailand
    26.5 yrs
    11
    Vietnam
    23.7 yrs
    12
    Iran
    22.4 yrs
    13
    Argentina
    21.1 yrs
    14
    South Korea
    19.9 yrs
    15
    Taiwan
    19.5 yrs
    16
    Indonesia
    18.9 yrs
    16
    Peru
    18.9 yrs
    18
    Colombia
    18.7 yrs
    19
    Chile
    17.5 yrs
    20
    Algeria
    17.2 yrs