Country MN Real Estate Analytics

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

Price to Income

15.7x

Ratio of property prices to annual income

Rental Yield

7.2%

Average annual rental return

Price to Rent

13.9

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 MN Real Estate trends and investment implications

Market Overview

Country MN's property market shows signs of becoming less affordable, with a high price-to-income ratio and decreased rental yields. Investors should be cautious, focusing on high-yield properties or considering timing around potential market corrections. The market is currently in a mature phase, but showing potential signs of cooling or correction.

Key Findings

Data-driven insights

•Price-to-Income Ratio: 15.7, marking a significant increase of 44.0% since 2011, indicating reduced affordability.
•Rental Yield: Currently at 7.2%, which is a decrease of 15.3% from 2011 levels, suggesting lower returns on investment properties.
•Price-to-Rent Ratio: Now at 13.9, up 17.8% since 2011, hinting at a market favoring renting over buying.
•Interest Rate Context: Compare current rental yields of 7.2% against prevailing interest rates to assess investment viability.

Market Trends

Historical patterns

•The price-to-income ratio has steadily increased over 13 years, indicating escalating property prices relative to income levels.
•Rental yields have consistently decreased, suggesting that property price growth has outpaced rental income growth.
•The price-to-rent ratio increase indicates a shift towards a less favorable environment for property buyers compared to renters.

For Investors

Actionable takeaways

•Consider waiting for potential market corrections before making large investments, given the high price-to-income ratio.
•Focus on properties with rental yields significantly higher than the national average interest rates to ensure profitability.
•Given the high price-to-rent ratio, renting may be more economically rational than buying in the current market climate.
•Monitor market signals for a shift from peak to declining phase to time entry or exit strategies effectively.

Market Context

Country MN's property market is showing characteristics of maturity, with high price-to-income ratios and saturated rental yields. Investors should be prudent, leveraging data analytics to navigate potential downturns or corrections. Despite these challenges, opportunities exist in high-yield sectors or undervalued regions.

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