According to the price index for apartments published by the Central Bureau of Statistics of Israel, for a year from August 2015 to August 2016 – growth of prices in the local real estate market reached 6.8 percent. This tells the portal Newsru.co.il with reference to information of the newspaper the Marker.
In comparison with July of current year to August 2016 housing in Israel has risen by 0.4%.
It should be noted that the index is based on a random sample of data on transactions on purchase and sale of apartments in the primary and secondary markets. Their final data, the CSO will publish later.
As for the cost of rental housing, then, according to the CSB, in September it increased by 0.1% compared with August.
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