Daily Israel Report
11:55
Reported

News Brief

  11/3/2013, Cheshvan 30, 5774

Housing Prices Continue to Rise in Third Quarter of 2013


The Chief Government Appraisal office published new data today (Sunday) that reveals a continued rise in real estate prices for the third quarter of 2013. The report is based on the price of a 4-room apartment, which is the most common housing arrangement currently in the real estate market. Housing prices have increased by some 1.9% since last quarter in Israel's major urban centers, the report reveals, with the highest increase (5%) in Tel Aviv and Ashkelon.