Housing prices

CBS: Apartment prices in sharp decline, rent skyrockets

The CPI for June remained unchanged, completing a moderate annual increase of 1.6%. Concurrently, overall home prices recorded a sharp monthly decline of a full percent and an annual drop of 2%.

Apartment prices continue to fall.
Eldad Nitzan.

Contractors save, workers pay: The new reform in the construction industry

Israeli real estate – construction site.

Inflation and housing prices show continued declines in Israel

Housing in Israel.

Many young people don’t want to buy apartments


Israeli Consumer Price Index rises 0.8%, almost double the forecast

A series of Israeli companies and importers have announced significant price hikes in recent weeks.

 A CUSTOMER shops for groceries at a Rami Levy supermarket branch, in Jerusalem.

Household interest expenses jumped by NIS 70b. a year

According to Alex Zabezhinsky, the chief economist of Meitav Investment House, the government can't meet the budget deficit target.

VARIOUS ISRAELI banknotes are displayed for an illustrative photo. The economy is well on its way to the pre-pandemic standards of budgetary discipline.

Israel to permit financing of apartment purchases in installments

Yaakov Kwint, director general of the Israel Land Authority: "The trend of falling apartment prices will continue in the coming months."

Apartment for sale in Jerusalem

Forget judicial reform – make life in Israel affordable - editorial

The issue occupying Israelis’ minds above all others isn’t the judicial reform, personal safety or even Iran’s pursuit of nuclear weapons.

 Israeli Finance Minister Bezalel Smotrich is seen pointing downwards at a Religious Zionist Party faction meeting in Jerusalem, on May 1, 2023.

'Economic hell': High prices push Israelis to poverty, exile - opinion

Unlike the US or Canada, where there is abundant affordable property for rentals, Israel is overcrowded and expensive. Over the last 15 years, the price of homes in Israel went up by 8% annually.

 A man looks at a festive table as it is lifted above the ground as part of an installation titled ‘The Unreachable Meal’ organized by Latet, a charity established to help fight poverty in Israel, at Rabin Square in Tel Aviv.

This Israeli building has been crowned ugliest building in the world

One apartment building in the Israeli city of Bat Yam was dubbed the ugliest in the world. Why is it so ugly and who did it beat out?

 An aerial view of the Israeli city of Bat Yam.

Housing prices drop for first time in three years

Even though the inflation slowed down as well, consumer prices continued to rise - notably, the price of clothing and footwear jumped by 4.1%.

 View of office and apartment highrise buildings in central Tel Aviv, on November 27, 2017

Engaged couples can now apply for Israel's discounted apartment raffle

Until now, couples could only apply for the raffle if they were already married.

 Illustrative image of an engagement.

Israeli apartment rents rising at fastest rate since 2008

Inflation is another factor pushing up rents, with a clear pattern of substantial rent increases emerging.

 A sign reading "for rent" outsdie a former shop in central  Tel Aviv, on August 26, 2020

Smotrich unveils Israel's state budget, economic plan to fight inflation

Finance minister: “The daycare centers will not be more expensive for parents by one shekel, we will absorb the costs."

 Israeli Finance Minister Bezalel Smotrich at a conference of the Religious Zionist Party, in Jerusalem, February 19, 2023.