Housing affordability and its impact on middle-income households worldwide is emerging as a major concern throughout the developed world. According to the London-based consultancy Knight Frank, housing prices in the world's largest cities rose by 3 percent on average during the last year. The strongest growth was observed in Turkey where average housing prices increased by 18 percent in the last year. In contrast, across the Black Sea in the Ukraine, property prices declined by 12 percent last year. The US house price index published by the Federal Reserve Bank of St. Louis shows a similar increase in property prices, disrupted only by the global recession in 2008-09.
Aside from property prices, household incomes and lending rates in a country also affect the affordability of housing. As a result, a variety of indicators investigating the affordability of property have emerged:
While country-level statistics is widespread and easily accessible for most of the countries, city-level data is generally underrepresented in many topics. So, we compiled links to the most relevant datasets containing data on world cities in one cheat sheet to make city-level data more discoverable.
An urban agglomeration is an extended city or town area comprising the built-up area of a central place (usually a municipality) and any suburbs linked by continuous urban area. According to United Nations, Tokyo will be the largest city in 2025 with 38196.68 thousand inhabitants. The top 5 countries also includes Delhi, Shanghai, Mexico City, New York - Newark.
Bloomberg ranked global cities based on the A.T. Kearney Global Cities Index score. Cities were scored on a scale of zero to 100 according to 26 metrics in five dimensions: business activity, human capital, information exchange, cultural experience and political engagement. In 2014 New York kept the first place by the overall score and in the business activity ranking. Fast-growing Asian megacities: Bejing, Shanghai, Singapore - improved their positions. Source: Global Cities Index, 2014 For the methodology of the sub-indices see the bottom of the page
Make better educated travel decisions with the price index series presented in today's Viz of the Day. The figures highlight common travel-related expenditures, ranging from accommodation, transportation, and urban transit to beer and soccer, and may well help individual travelers to better gauge the relative cost of travel to their destinations of choice. See also: Transportation Price Index | Beer Price Index Source: GoEuro
The Global Cities Summit will convene city leaders, national governments, international agencies, corporate partners and industry leaders to discuss the importance of standardized city data for building the more sustainable, smart, resilient inclusive and prosperous cities of the future. The Summit will be an opportunity for cities and their partners to learn, share, and exchange experiences across a wide spectrum of big ideas and innovative solutions for cities. From interactive panels, to networking opportunities to off-site fact-finding visits, this event will be 2017's preeminent global gathering on data-driven cities committed to a...