Hong Kong continues to hold the title of the world's least affordable housing market for the 14th consecutive year, according to recent research, with an unaffordability score of 16.7. Despite a $270 billion drop in real estate market value over the past five years, housing in Hong Kong remains highly unaffordable. The report also highlights that five U.S. cities have been ranked among the world's top 10 most 'impossibly unaffordable' places for housing. Additionally, Sydney (score of 13.3), Vancouver (score of 12.3), and Toronto (score of 9.3) are among other cities facing severe housing affordability issues.
Home prices outpace incomes, pushing new buyers towards more affordable Midwestern and Southern cities. | By Emma Pitts https://t.co/8LagTEn750
The state government is seeking to unlock more vacant land as it looks to keep up with housing demands, with plans to build more than two million new homes over the next 30 years. > https://t.co/6WE20N7He1 https://t.co/ESNCY4DZFY
Sydney’s unprecedented housing crisis has the New South Wales government reaching for radical reforms just three days from the state budget. https://t.co/vORBeoXbdv
Housing to be at the centre of NSW budget, with more homes for those in need https://t.co/Pmc29sunu1
REVEALED: The five US cities hit hardest by inflation - and where prices are rising slowest https://t.co/Di4x5eH6Rc https://t.co/90TrMWVxuO
A new report shows California has four of the world’s most expensive cities to buy a home as the Golden State grapples with a soaring cost of living. https://t.co/En0fGjzRDB
Toronto had an unaffordability score of 9.3 After Hong Kong (with a score of 16.7), Sydney (13.3), Vancouver (12.3) and San Jose (11.9). L.A. (10.9), Honolulu (10.5), Melbourne (9.8), Adelaide and San Diego (both 9.5) rounded out the list. https://t.co/YKqcbB9tl2
Toronto was just named one of the top 10 most 'impossibly affordable' cities in the world https://t.co/YKqcbB9tl2
The top 10 cities with the most homes under $200,000 all share the same thing: baked-in affordability https://t.co/cwx0duk5bc
These cities are now so expensive they’re considered ‘impossibly unaffordable’ https://t.co/EyZYaHLxyf via @CNNBusiness
Three Australian cities have been ranked as 'impossibly unaffordable' as the country has some of the world's worst ratios of median income to median house prices. https://t.co/A45i3XZUKd
Impossibly Unaffordable: A Look At The Most Unaffordable Cities In The World Full Video: https://t.co/OTYvQPii8F . . . #globalnews #housing #affordability #mostexpensivecities #BreakingNews #RepublicTV #RepublicTVLive https://t.co/DOqMn4y68S
Sydney's unprecedented housing crisis has the state government reaching for radical reforms just three days out from the State Budget. @hayleyefrancis #9News DETAILS: https://t.co/GZWRR4bUNr https://t.co/bdFlBWwL2T
Australia is facing some of the most unaffordable housing in living memory, with the extent of the crisis exposing a stark reality for the country. https://t.co/HvmXq16DZd
Here are the most and least affordable major cities in the world https://t.co/5mkJ7eIt1u
When mortgage rates and prices soar, some first-time home buyers find themselves priced out of the housing market—but there’s hope. By @thebrokenwallet https://t.co/xWDK4PWp0U
U.S. Cities with the Highest Rent https://t.co/sWxN1Kr8bG
May's Consumer Price Index contained one consistently frustrating piece of data for economists in an otherwise encouraging report: Housing inflation isn't coming down yet. https://t.co/zRur7ItvyB https://t.co/DNjy2LMzhZ
Here are the most unaffordable cities in the U.S. https://t.co/GqubsRvOyq
A new report compiled a list of major cities labeled as “impossibly unaffordable.” https://t.co/4G1Satei3b
Now that's grim: Two #Canadian spots among 10 of the most "impossibly unaffordable" cities https://t.co/Bct9nx7bf8
Dallas, Detroit, Honolulu, San Francisco and Seattle are all distinctly different U.S. cities, but with one thing in common: Residents there have been hit hardest by inflation. https://t.co/n0yUoaphD5
The least affordable cities for potential homebuyers https://t.co/maBQmAEOzG
The D.C. area is tied with Charlotte, NC, on a ranking of the most and least affordable cities in the world. https://t.co/UYe7UaSvJt
Just because the headlines say "price rises are slowing" doesn't mean things are getting cheaper. Here's where inflation is still hitting hardest https://t.co/4IMSpVTCHb https://t.co/eq1KIuglR8
These 5 U.S. cities have been hit hardest by inflation https://t.co/qgjJkvwxg8
These Bay Area cities are now so expensive they’re considered ‘impossibly unaffordable’ https://t.co/DcTqZB7EBJ
Five U.S. cities ranked among the world’s top 10 most “impossibly unaffordable" places for housing, according to a new report. https://t.co/0vNkE9vFCm
Hong Kong homes remain most unaffordable in the world for 14th year: research Well, Hong Kong is still number one in the world with the least affordable housing. Eat that, Australia and Canada. https://t.co/4ceAC1czkU
Hong Kong: where the real estate market has shed $270bn in value over the past five years, but housing remains the least affordable in the world. https://t.co/b4zix0jZio
Hong Kong homes remain most unaffordable in world for 14th year: research https://t.co/R5j2lJLTws