Country ME Real Estate Analytics

Property market metrics including price-to-income ratio, rental yields, and price trends

Price to Income

12.3x

Ratio of property prices to annual income

Rental Yield

6.3%

Average annual rental return

Price to Rent

15.8

Ratio of property prices to annual rent

Price to Income Ratio

Ratio of median house price to median annual household income

Rental Yield

Annual rental income as percentage of property value

Price to Rent Ratio

Ratio of property price to annual rental income

Apartment Rent (City Centre)

Monthly rent for 1-bedroom apartment in city centre

Apartment Price (City Centre)

Price per square meter to buy apartment in city centre

Apartment Price (Outside Centre)

Price per square meter to buy apartment outside city centre

1BR Rent (Outside Centre)

Monthly rent for 1-bedroom apartment outside city centre

3BR Rent (City Centre)

Monthly rent for 3-bedroom apartment in city centre

3BR Rent (Outside Centre)

Monthly rent for 3-bedroom apartment outside city centre

Mortgage Interest Rate (20Y)

Average mortgage interest rate for 20-year fixed loan

Additional Insights

Expert analysis of Country ME Real Estate trends and investment implications

Market Overview

Country ME's property market has shown significant improvement in affordability and rental yields over the last 14 years. The decrease in the price-to-income and price-to-rent ratios suggests a more balanced market, while the substantial increase in rental yields offers attractive investment opportunities. However, investors should remain cautious of potential market corrections due to the rapid changes in key metrics.

Key Findings

Data-driven insights

•The price-to-income ratio has decreased by 59.0% since 2010, currently at 12.3, indicating improved affordability.
•Rental yields have increased by 384.6% since 2010, now at 6.3%, making rental investments attractive.
•The price-to-rent ratio has decreased by 80.2% to 15.8, suggesting buying is more favorable compared to renting.
•Current rental yields of 6.3% are significantly higher than typical interest rates, enhancing the appeal of real estate investment.

Market Trends

Historical patterns

•Substantial improvement in affordability as indicated by reduced price-to-income and price-to-rent ratios.
•Strong growth in rental yields, which have more than tripled since 2010.
•Shift towards a more balanced market, reducing the risk of overvaluation.

For Investors

Actionable takeaways

•Investors should consider buying properties now to capitalize on high rental yields and improved affordability.
•Monitor market closely for signs of correction, as rapid improvements could precede a market adjustment.
•Focus on rental properties to leverage the high yield environment and secure steady cash flow.
•Evaluate long-term holding strategies given the potential for continued appreciation and stable rental income.

Market Context

Country ME's property market has matured significantly over the past decade, moving from a potentially overheated state to a more balanced and lucrative environment for investors. The market is currently in a rising phase, but vigilance is advised as the rapid changes in key metrics may signal an approaching peak.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.