Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Singapore DSPI: Food & Live Animals: Dairy Products & Birds' Eggs data was reported at 103.870 2018=100 in Feb 2019. This records an increase from the previous number of 103.077 2018=100 for Jan 2019. Singapore DSPI: Food & Live Animals: Dairy Products & Birds' Eggs data is updated monthly, averaging 74.910 2018=100 from Jan 1974 (Median) to Feb 2019, with 542 observations. The data reached an all-time high of 124.928 2018=100 in May 2014 and a record low of 45.938 2018=100 in Jan 1974. Singapore DSPI: Food & Live Animals: Dairy Products & Birds' Eggs data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I020: Domestic Supply Price Index: 2018=100.

Singapore DSPI: Food & Live Animals: Animal Food (Excl Unmilled Cereals) data was reported at 99.478 2018=100 in Feb 2019. This records a decrease from the previous number of 100.533 2018=100 for Jan 2019. Singapore DSPI: Food & Live Animals: Animal Food (Excl Unmilled Cereals) data is updated monthly, averaging 83.085 2018=100 from Jan 1974 (Median) to Feb 2019, with 542 observations. The data reached an all-time high of 112.892 2018=100 in Oct 2008 and a record low of 62.858 2018=100 in Jul 1975. Singapore DSPI: Food & Live Animals: Animal Food (Excl Unmilled Cereals) data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I020: Domestic Supply Price Index: 2018=100.

Singapore DSPI: Weights: Food & Live Animals (FLA) data was reported at 3.189 % in Dec 2023. This stayed constant from the previous number of 3.189 % for Nov 2023. Singapore DSPI: Weights: Food & Live Animals (FLA) data is updated monthly, averaging 3.189 % from Jan 1974 (Median) to Dec 2023, with 600 observations. The data reached an all-time high of 3.189 % in Dec 2023 and a record low of 3.189 % in Dec 2023. Singapore DSPI: Weights: Food & Live Animals (FLA) data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I040: Domestic Supply Price Index: 2018=100: Weights.

Singapore DSPI: Food & Live Animals: Sugar, Sugar Preparations & Honey data was reported at 80.051 2012=100 in Sep 2018. This records a decrease from the previous number of 80.666 2012=100 for Aug 2018. Singapore DSPI: Food & Live Animals: Sugar, Sugar Preparations & Honey data is updated monthly, averaging 86.776 2012=100 from Jan 1974 (Median) to Sep 2018, with 537 observations. The data reached an all-time high of 125.137 2012=100 in Nov 1989 and a record low of 53.271 2012=100 in Jan 1974. Singapore DSPI: Food & Live Animals: Sugar, Sugar Preparations & Honey data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I020: Domestic Supply Price Index: 2012=100.

Singapore DSPI: Food & Live Animals: Miscellaneous Food Preparations data was reported at 104.790 2012=100 in Sep 2018. This records an increase from the previous number of 104.538 2012=100 for Aug 2018. Singapore DSPI: Food & Live Animals: Miscellaneous Food Preparations data is updated monthly, averaging 86.403 2012=100 from Jan 1974 (Median) to Sep 2018, with 537 observations. The data reached an all-time high of 104.790 2012=100 in Sep 2018 and a record low of 56.047 2012=100 in Jan 1974. Singapore DSPI: Food & Live Animals: Miscellaneous Food Preparations data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I020: Domestic Supply Price Index: 2012=100.

Singapore DSPI: Food & Live Animals data was reported at 101.812 2012=100 in Oct 2018. This records an increase from the previous number of 101.577 2012=100 for Sep 2018. Singapore DSPI: Food & Live Animals data is updated monthly, averaging 74.730 2012=100 from Jan 1974 (Median) to Oct 2018, with 538 observations. The data reached an all-time high of 105.517 2012=100 in Jun 2014 and a record low of 57.341 2012=100 in Jan 1974. Singapore DSPI: Food & Live Animals data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I020: Domestic Supply Price Index: 2012=100.

Singapore DSPI: Food & Live Animals: Vegetables and Fruit data was reported at 103.804 2012=100 in Jun 2018. This records an increase from the previous number of 102.166 2012=100 for May 2018. Singapore DSPI: Food & Live Animals: Vegetables and Fruit data is updated monthly, averaging 80.890 2012=100 from Jan 1974 (Median) to Jun 2018, with 534 observations. The data reached an all-time high of 114.523 2012=100 in Feb 2015 and a record low of 41.791 2012=100 in Jan 1974. Singapore DSPI: Food & Live Animals: Vegetables and Fruit data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I020: Domestic Supply Price Index: 2012=100.

Singapore DSPI: Food & Live Animals: Dairy Products and Birds' Eggs data was reported at 93.767 2012=100 in Jun 2018. This records a decrease from the previous number of 94.133 2012=100 for May 2018. Singapore DSPI: Food & Live Animals: Dairy Products and Birds' Eggs data is updated monthly, averaging 71.758 2012=100 from Jan 1974 (Median) to Jun 2018, with 534 observations. The data reached an all-time high of 119.838 2012=100 in May 2014 and a record low of 44.066 2012=100 in Jan 1974. Singapore DSPI: Food & Live Animals: Dairy Products and Birds' Eggs data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I020: Domestic Supply Price Index: 2012=100.

Singapore DSPI: Food & Live Animals: Fish Seafood & Preparations data was reported at 111.815 2012=100 in Sep 2018. This records a decrease from the previous number of 111.850 2012=100 for Aug 2018. Singapore DSPI: Food & Live Animals: Fish Seafood & Preparations data is updated monthly, averaging 79.814 2012=100 from Jan 1974 (Median) to Sep 2018, with 537 observations. The data reached an all-time high of 114.683 2012=100 in Jan 2017 and a record low of 30.433 2012=100 in Mar 1975. Singapore DSPI: Food & Live Animals: Fish Seafood & Preparations data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I020: Domestic Supply Price Index: 2012=100.

Singapore DSPI: Food & Live Animals: Coffee, Tea, Cocoa, Spices & Manufactures data was reported at 95.734 2012=100 in Jun 2018. This records an increase from the previous number of 95.024 2012=100 for May 2018. Singapore DSPI: Food & Live Animals: Coffee, Tea, Cocoa, Spices & Manufactures data is updated monthly, averaging 76.684 2012=100 from Jan 1974 (Median) to Jun 2018, with 534 observations. The data reached an all-time high of 175.835 2012=100 in Mar 1977 and a record low of 46.853 2012=100 in Jun 1993. Singapore DSPI: Food & Live Animals: Coffee, Tea, Cocoa, Spices & Manufactures data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I020: Domestic Supply Price Index: 2012=100.

Singapore DSPI: Food & Live Animals: Animal Feeding Stuff data was reported at 108.486 2012=100 in Oct 2018. This records a decrease from the previous number of 108.632 2012=100 for Sep 2018. Singapore DSPI: Food & Live Animals: Animal Feeding Stuff data is updated monthly, averaging 89.905 2012=100 from Jan 1974 (Median) to Oct 2018, with 538 observations. The data reached an all-time high of 122.237 2012=100 in Oct 2008 and a record low of 68.061 2012=100 in Jul 1975. Singapore DSPI: Food & Live Animals: Animal Feeding Stuff data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I020: Domestic Supply Price Index: 2012=100.

Singapore DSPI: Weights: Food & Live Animals: Sugar, Sugar Preparations &Honey data was reported at 0.130 % in Jan 2019. This stayed constant from the previous number of 0.130 % for Dec 2018. Singapore DSPI: Weights: Food & Live Animals: Sugar, Sugar Preparations &Honey data is updated monthly, averaging 0.130 % from Jan 1974 (Median) to Jan 2019, with 541 observations. The data reached an all-time high of 0.130 % in Jan 2019 and a record low of 0.130 % in Jan 2019. Singapore DSPI: Weights: Food & Live Animals: Sugar, Sugar Preparations &Honey data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I044: Domestic Supply Price Index: 2012=100: Weights.

Singapore DSPI: Food & Live Animals: Meat and Meat Preparations data was reported at 98.445 2012=100 in Oct 2018. This records a decrease from the previous number of 98.613 2012=100 for Sep 2018. Singapore DSPI: Food & Live Animals: Meat and Meat Preparations data is updated monthly, averaging 69.483 2012=100 from Jan 1974 (Median) to Oct 2018, with 538 observations. The data reached an all-time high of 105.528 2012=100 in Sep 2014 and a record low of 52.371 2012=100 in Aug 1975. Singapore DSPI: Food & Live Animals: Meat and Meat Preparations data remains active status in CEIC and is reported by Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I020: Domestic Supply Price Index: 2012=100.

Singapore DSPI: Weights: Food & Live Animals: Dairy Products and Birds' Eggs data was reported at 0.720 % in Jan 2019. This stayed constant from the previous number of 0.720 % for Dec 2018. Singapore DSPI: Weights: Food & Live Animals: Dairy Products and Birds' Eggs data is updated monthly, averaging 0.720 % from Jan 1974 (Median) to Jan 2019, with 541 observations. The data reached an all-time high of 0.720 % in Jan 2019 and a record low of 0.720 % in Jan 2019. Singapore DSPI: Weights: Food & Live Animals: Dairy Products and Birds' Eggs data remains active status in CEIC and is reported by Singapore Department of Statistics. The data is categorized under Global Database’s Singapore – Table SG.I044: Domestic Supply Price Index: 2012=100: Weights.