Housing price to rent ratio in the USA 2015-2023 | Statista

Housing price to rent ratio index in the USADecreased in the second half of 2022, indicating a slowdown in housing price growth compared to the increase in rental rates. This was the first decline after a long period of steady growth. Housing prices surged since the onset of the coronavirus pandemic. At the same time, rental rates increased significantly, but at a slower pace.

The house price to rent ratio index measures theThe way housing prices change compared to rental rates is calculated by dividing the median housing price by the median annual rent payment. In this statistic, the values have been normalized so that 100 corresponds to the ratio in 2015.