The numbers released today by the Central Bureau of Statistics show that the number of homes started last year was less than 29,700 - the lowest number since 1989. The rate is 23% less in Tel Aviv, 15% less in Jerusalem, and 5% more in Haifa. The number of homes completed in 2003 was some 33,500 - 13% less than the year before.
The number of housing starts in Yesha in 2003 was 1,849, or 6.2% of those in the entire country. This contrasts with 1,369 in 2002, which was 4.2% of all Israel.
The number of housing starts in Yesha in 2003 was 1,849, or 6.2% of those in the entire country. This contrasts with 1,369 in 2002, which was 4.2% of all Israel.