Full coverage· Economy· Updated
Israeli Housing Prices Drop as Developers Fail to Pass Costs to Buyers
Israeli housing prices fell significantly in July-August, with the exception of the Haifa region, according to the Central Bureau of Statistics. The northern region saw the steepest decline, averaging 1.5%.
2 newsrooms · 1 language · since
Plus
What happened
- 01Israeli housing prices dropped significantly in July-August, excluding the Haifa area.
- 02The northern region experienced the sharpest price decrease, averaging 1.5%.
- 03Unsold inventory held by developers continued to rise during this period.
- 04The Central Bureau of Statistics reported the price drop after two months of stabilization.
- 05Signs of recovery in the housing market have reportedly disappeared.
Unsold inventory held by developers also continued to increase, signaling a reversal of recent market stabilization.
The coverage
2 newsrooms on this story
Who covered it
- LeftNone
- CentreNone
- Right1
- HarediNone
- ArabNone
- Other1
How it broke
See which of the 2 newsrooms broke it, and who waited
