If you're considering to buy an affordable house this year, then you might need to check the recent report released by Demographia International Housing.
According to the study, the United States is the cheapest country, compared to countries like Australia, Canada, Hong Kong, Ireland, New Zealand, Singapore and the United Kingdom.
It's worth noting that the study didn't include any country in the MENA region or the GCC.
In this article, we will list the most and the least affordable cities to buy homes according to the study.
The Most Affordable Cities to Buy Homes:
- Pittsburgh, USA
- Oklahoma City, USA / Rochester, USA
- Edmonton, Canada / St. Louis, USA
- Cleveland, USA
- Glasgow, UK / Cincinnati, US
- Buffalo, USA
- Calgary, Canada / Kansas City, USA / Louisville, USA / Tulsa, USA
- Detroit, USA / Hartford, USA
- Blackpool & Lancashire, UK / Grand Rapids, USA / Virginia Beach-Norfolk, USA
- Middlesbrough & Durham, UK / Newcastle & Tyneside, UK / Sheffield & South Yorkshire, UK / Columbus, USA / Indianapolis, USA / Minneapolis-St. Paul, USA
The Least Affordable Cities to Buy Homes:
- Hong Kong, China
- Sydney, Australia
- Vancouver, Canada
- San Jose, USA
- Melbourne, Australia
- Honolulu, USA
- San Francisco, USA
- Auckland, New Zealand
- Los Angeles, USA
- Toronto, Canada
