The OECD price-to-rent ratio compares nominal house prices with the rent-price index. A higher reading means purchase prices have outpaced rents relative to the index history. Latest: 131.9 in Q2 2026.
This is an index of prices versus rents, not a typical asking rent and not a purchase price. From Q1 1970 to Q2 2026 (226 quarters): latest 131.9 (Q2 2026), previous 130.6 (Q1 2026); low 74.0 (Q3 2002), high 143.2 (Q2 1989).
The price-to-rent ratio compares house prices with rents. The OECD compiles it from national house-price and rent indexes on a 2015=100 base; Younivi republishes the OECD measure. A value above 100 means prices have risen faster than rents since 2015. It is a yield-style comparison, not a property's sale price or the actual return received by an investor.
Use changes over time to see whether buying prices have moved ahead of rental income. A rising ratio can point to a lower gross rental yield if other factors stay equal. The change since 2015 is more useful than comparing raw levels across economies with different rental markets, tax rules and dwelling mixes.
The ratio excludes mortgage rates, maintenance, vacancies, taxes and other running costs. Average rents can hide large differences between cities and kinds of housing. A high ratio does not by itself predict falling prices, and a low ratio does not make housing cheap in cash terms.
The Switzerland desk places Switzerland alongside Germany, France, Euro area, United States, Italy, where data are available for the selected measure. It shows the same series as the all-countries desk; the desk only filters the view.
For nominal house prices, the build chooses the longer current OECD or Eurostat series, with the later quarter breaking an equal-span tie. A current UK House Price Index takes precedence for the United Kingdom. Rebased ABS mean dwelling prices are an Australian fallback when the selected index is stale or short, but ABS must itself be current and offer the better eligible history; they are not a quality-adjusted HPI. The real index and price-to-income and price-to-rent measures come from OECD. Younivi derives year-over-year change from the published index. Check the source, licence and date shown on each page.
The chart and table show the same figures. The all-countries chart initially selects the twelve largest latest readings; the legend and filter can change that selection. The country selector changes desks, and range buttons change the visible period without changing the data. The methodology page explains source selection and rebasing.