↑ Average Wage Index: the average wage index represents the net disposable income averaged for those over 18 years of age in Spain. The values are normalized to the IPVVR of 1999, with an initial value of 51.
Case-Shiller housing index (or IPVVR in Spain): the index is constructed using data from those homes that have been sold at least twice within the study period, using information from the same units at two points in time.
↑ Housing affordability index (Base 100=1999): it considers income growth against housing, inflation and mortgage rates growth.
↑ Wage disconnection against mortgage amount (in percentage): if the value equals 30, it means that wages need to increase by 30% to match the ideal wage required to comfortably pay the current average mortgage amount.
Data sources
Household disposable income (Saldos contables > Hogares e Instituciones > Renta disponible neta):
Link
Household savings (Saldos contables > Hogares e Instituciones > Ahorro neto):
Link
Mortgages (Results > Annual > National results and by Autonomous Community > Mortgages constituted, over the total properties, by nature of the property > Dwellings):
Link
Population according to INE (range of used population was that over 18 years old > Data used is from January 1st of the current year):
Population consolidated