The house price ratio in Greece fluctuated between 2012 and 2022. 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. The index score in the second quarter of 2022 amounted to 108.1, which means that house price growth has outpaced income growth by eight percent since 2015. This was lower than the
House price to income ratio in Greece from 1st quarter 2012 to 2nd quarter 2022
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OECD. (January 13, 2023). House price to income ratio in Greece from 1st quarter 2012 to 2nd quarter 2022 [Graph]. In Statista. Retrieved May 11, 2024, from https://www.statista.com/statistics/591827/house-price-to-income-ratio-greece/
OECD. "House price to income ratio in Greece from 1st quarter 2012 to 2nd quarter 2022." Chart. January 13, 2023. Statista. Accessed May 11, 2024. https://www.statista.com/statistics/591827/house-price-to-income-ratio-greece/
OECD. (2023). House price to income ratio in Greece from 1st quarter 2012 to 2nd quarter 2022. Statista. Statista Inc.. Accessed: May 11, 2024. https://www.statista.com/statistics/591827/house-price-to-income-ratio-greece/
OECD. "House Price to Income Ratio in Greece from 1st Quarter 2012 to 2nd Quarter 2022." Statista, Statista Inc., 13 Jan 2023, https://www.statista.com/statistics/591827/house-price-to-income-ratio-greece/
OECD, House price to income ratio in Greece from 1st quarter 2012 to 2nd quarter 2022 Statista, https://www.statista.com/statistics/591827/house-price-to-income-ratio-greece/ (last visited May 11, 2024)
House price to income ratio in Greece from 1st quarter 2012 to 2nd quarter 2022 [Graph], OECD, January 13, 2023. [Online]. Available: https://www.statista.com/statistics/591827/house-price-to-income-ratio-greece/