Rates middle-income housing affordability using the “Median Multiple,” which is the median house price divided by the median household income.

Executive Summary
The 13th Annual Demographia International Housing Affordability Survey covers 406 metropolitan housing markets (metropolitan areas) in nine countries (Australia, Canada, China, Ireland, Japan, New Zealand, Singapore, the United Kingdom and the United States ) for the third quarter of 2016 . A total of 92 major metropolitan markets (housing markets) --- with more than 1,000,000 population --- are included, including five megacities (Tokyo - Yokohama, New York, Osaka - Kobe - Kyoto, Los Angeles, and London).

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