The distribution of housing affordability in the 85 major metropolitan markets (those with more than 1,000,000 residents) has deteriorated over the past year – see graphs.
Hong Kong is least affordable followed by Australia and New Zealand.
Hong Kong – least affordable, with a Median Multiple of 14.9
Auckland – Multiple of 8.4
London – Multiple of 7.3
Source: 10th Annual Demographia International Housing Affordability: Survey: 2014