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Housing Prices

Map No. 194

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This map shows the price of the housing stock of a territory, in purchasing power parity. This means that prices shown take into account the variation in what can be bought for US$1 in different territories. The most expensive housing per person in the world is in Europe, where a home is now usually no longer just somewhere to live, but is also an investment.

The cheapest housing stock is found in the African regions and Southern Asia, despite taking into account that money goes further in these territories.

Even with the higher costs of housing in richer territories, the average household is smaller in these places.

"Another reason to buy a house in Fez is because itís one of the few cities in the world where itís possible to own a magnificent traditional house for the price of a modest car." David Amster, 2006

Territory size shows the proportion of the worldwide price of housing stock that is found there.


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