Africa: Property Prices Index by City 2024 Mid-Year

Chart: Price to Income Ratio
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Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Addis Ababa, Ethiopia 54.2 6.8 4.6 14.8 21.5 905.6 0.1
Douala, Cameroon 48.3 10.3 13.0 9.7 7.7 948.9 0.1
Algiers, Algeria 26.4 2.4 2.7 41.4 36.9 232.9 0.4
Rabat, Morocco 16.4 5.4 5.5 18.4 18.2 127.8 0.8
Cairo, Egypt 16.2 7.9 8.4 12.7 11.9 229.9 0.4
Casablanca, Morocco 15.9 5.7 6.3 17.6 15.9 127.3 0.8
Tunis, Tunisia 14.7 5.0 4.6 20.1 21.5 197.8 0.5
Nairobi, Kenya 11.8 9.0 6.6 11.1 15.2 171.4 0.6
Cape Town, South Africa 5.4 8.0 7.6 12.5 13.1 71.3 1.4
Durban, South Africa 4.7 9.2 5.9 10.9 16.9 60.2 1.7
Port Elizabeth, South Africa 3.1 15.9 13.8 6.3 7.2 39.9 2.5
Johannesburg, South Africa 2.7 9.6 10.4 10.4 9.6 34.3 2.9