Northern America: Property Prices Index by City 2023

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
Toronto, Canada 12.9 3.7 4.1 26.8 24.7 108.2 0.9
Vancouver, Canada 12.9 4.0 3.9 25.3 25.5 97.9 1.0
Victoria, Canada 12.5 3.8 3.8 26.2 26.5 101.5 1.0
New York, NY, United States 10.2 5.6 5.4 17.7 18.5 84.2 1.2
Mississauga, Canada 9.4 4.5 5.0 22.4 20.1 75.7 1.3
San Francisco, CA, United States 9.2 6.1 5.3 16.4 18.7 73.2 1.4
Quebec City, Canada 9.0 2.0 5.9 50.6 16.8 74.9 1.3
Honolulu, HI, United States 8.7 5.4 6.4 18.5 15.5 74.7 1.3
Montreal, Canada 8.4 3.8 4.9 26.6 20.4 69.1 1.4
Boston, MA, United States 8.1 5.5 6.9 18.3 14.5 64.4 1.6
San Jose, CA, United States 7.9 4.4 5.7 22.8 17.7 63.5 1.6
San Diego, CA, United States 7.8 5.9 5.8 16.9 17.2 63.5 1.6
Los Angeles, CA, United States 7.3 6.1 7.2 16.5 14.0 58.5 1.7
Columbus, OH, United States 6.7 4.0 7.3 25.2 13.8 55.2 1.8
Nanaimo, BC, Canada 6.7 7.0 6.1 14.3 16.3 58.8 1.7
Reno, NV, United States 6.2 9.3 9.1 10.7 11.0 51.0 2.0
Raleigh, NC, United States 6.1 6.1 8.8 16.5 11.4 51.9 1.9
Austin, TX, United States 6.0 6.0 9.2 16.6 10.8 51.1 2.0
Miami, FL, United States 5.8 8.8 13.6 11.4 7.3 47.3 2.1
Seattle, WA, United States 5.4 6.6 7.6 15.1 13.1 44.2 2.3
Portland, OR, United States 4.6 7.6 8.7 13.2 11.5 36.8 2.7
Calgary, Canada 4.3 6.7 7.3 15.0 13.7 33.8 3.0
San Antonio, TX, United States 4.1 7.6 7.3 13.2 13.6 34.3 2.9
Fort Lauderdale, FL, United States 4.1 9.3 13.5 10.7 7.4 32.0 3.1
Nashville, TN, United States 3.9 9.2 13.4 10.8 7.5 31.5 3.2
Albuquerque, NM, United States 3.8 6.5 8.7 15.3 11.5 31.6 3.2
Tampa, FL, United States 3.6 9.3 13.3 10.7 7.5 29.8 3.4
Salt Lake City, UT, United States 3.6 9.2 10.6 10.8 9.5 28.7 3.5
Denver, CO, United States 3.5 8.6 10.5 11.6 9.5 27.8 3.6
Chicago, IL, United States 3.4 11.4 11.4 8.8 8.8 28.7 3.5
Las Vegas, NV, United States 3.4 10.6 9.9 9.5 10.1 27.7 3.6
Charlotte, NC, United States 3.4 11.9 12.5 8.4 8.0 27.9 3.6
Atlanta, GA, United States 3.3 10.3 13.5 9.7 7.4 25.6 3.9
Edmonton, Canada 3.1 8.7 8.3 11.4 12.0 24.7 4.0
Orlando, FL, United States 2.9 10.4 14.3 9.7 7.0 23.7 4.2
Jacksonville, FL, United States 2.9 10.0 9.5 10.0 10.5 22.5 4.4
Dallas, TX, United States 2.6 11.7 14.4 8.5 6.9 20.2 4.9
Phoenix, AZ, United States 2.4 13.9 12.9 7.2 7.8 19.2 5.2
Houston, TX, United States 2.4 11.9 14.7 8.4 6.8 18.6 5.4