> The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Canada's index score in the fourth quarter of 2023 amounted to 139, which means that house price growth has outpaced income growth by almost 40 percent since 2015. 

"nominal house price by nominal disposable income per head"

I'm not sure we can compare the two?

jp305

this ?

**[House price to income ratio index in Canada from 1st quarter 2012 to 4th quarter 2023](https://www.statista.com/statistics/591782/house-price-to-income-ratio-canada/)**

![43c4.png](https://m.stacker.news/18272)

0xbitcoiner

charts_and_numbers

U.S. Median House Prices vs. Income

I would be interested in a similar graphic for the Canadian situation, which I expect to be worst.