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Economy · Full coverage
Israel’s New Land Price Index Shows a 25% Drop Since Rate Hikes Began
How 3 Israeli newsrooms covered this story — translated into English and compared side by side.
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By אריק מירובסקי
What happened
Israel’s Central Bureau of Statistics has launched a new annual land price index that will track residential land sold in state tenders and the free market. The index shows land prices have fallen 25% since interest-rate hikes began in 2022, after sharp swings in recent years.
- 01CBS launched a new annual land price index, published each June.
- 02The index excludes subsidized housing lottery land and uses a hedonic methodology.
- 03Land prices have fallen 25% since the Bank of Israel began raising rates in 2022.
- 04Sde Dov tender pricing collapsed after rate hikes and a housing market slowdown.
- 05Last year land prices fell 5%, suggesting developers are not highly optimistic.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
The coverage
3 newsrooms on this story
How it broke
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Full coverage · 3 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.