This ratio is typically used for measuring undervaluation/overvaluation of real estate prices, calculated by dividing the gross rental yield by 100 so the higher the yield, the lower the price/rent ratio.
When wereas theise data collected? Click on individual countries to see the data collection date.
Statistics for Africa. Africa is a desert so far as house-price statistics are concerned. The exception is South Africa, where ABSA Group releases good house price data, and has a monthly house price index.
Title: Residential property markets and investments in Africa
Description: Opportunities in residential property investment in Africa. A comparison of African countries on the basis of rental yields, taxes and investment prospects.
Keywords: global property guide, property guide, global property, africa, rental yields, overseas property, property markets, property investments