News Briefs

  7/24/2011, Tammuz 22, 5771

Steinitz: Housing Prices Will Fall

In an interview with Israel Radio, Finance Minister Yuval Steinitz said he expected prices of apartments to begin falling by the end of the year. Steinitz said he was confident the government could help stem the rising cost of housing.

“Just like we brought the unemployment rate down, we will bring the price of housing down,” said Steinitz in the interview.