Most Expensive Property Markets In The World?

Demographia compares average house prices with average incomes around the English-speaking the world. In their latest comparison, the most expensive property markets compared with incomes were found in the following cities:

The 25 Most Expensive Housing Markets
Demographia Survey 2007

Rank Average House Price / Average Income Location Country
1 11.4 Orange Country, California USA
2 10.5 San Diego, California USA
3 10.3 Honolulu, Hawaii USA
4 10.1 San Francisco, California USA
5 9.4 Ventura Country, California USA
6 8.6 Stockton, California USA
7 8.5 Sydney, New South Wales Australia
8 8.4 San Hose, California USA
9 8.3 Greater London UK
10 8.2 Bournemouth - Dorset UK
11 8.0 Perth, Western Australia Australia
12 7.9 Riverside - San Bernadino, California USA
13 7.7 Vancouver, British Columbia Canada
14 7.6 Miami - West Palm Beach, Florida USA
15 7.6 Modesto, California USA
16 7.5 Cardiff UK
17 7.3 Bristol UK
18 7.2 Fresno, California USA
19 7.2 New York USA
20 7.0 Hobart, Tasmania Australia
21 6.9 Auckland New Zealand
22 6.9 London Exurbs (South East England) UK
23 6.6 Melbourne Australia
24 6.6 Sacramento, California USA
25 6.6 Sarasota, Florida USA

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