The OECD price-to-income ratio compares nominal house prices with household disposable income. A higher reading means prices have outpaced incomes relative to the index history. Latest: 104.1 in 2024 Q4.
This is an affordability ratio, not a mortgage rate and not a typical purchase price. From 1987 Q1 to 2024 Q4 (152 quarters): latest 104.1 (2024 Q4), previous 105.5 (2024 Q3); low 53.0 (1996 Q2), high 120.2 (2022 Q3).