Northern Africa: Property Prices Index by City 2023

Chart: Price to Income Ratio

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
1	Algiers, Algeria	25.6	3.0	2.7	33.3	37.6	236.9	0.4
2	Rabat, Morocco	19.0	4.7	5.2	21.1	19.3	143.9	0.7
3	Casablanca, Morocco	15.3	5.1	5.7	19.7	17.6	120.9	0.8
4	Tunis, Tunisia	15.2	5.4	5.1	18.7	19.6	204.9	0.5
5	Alexandria, Egypt	15.2	4.9	7.9	20.6	12.7	211.3	0.5
6	Tripoli, Libya	14.9	4.3	7.2	23.5	13.9	242.1	0.4
7	Marrakech, Morocco	13.5	6.9	5.9	14.4	16.9	111.6	0.9
8	Cairo, Egypt	11.9	7.8	7.1	12.8	14.0	156.0	0.6