2019 Israel Real Estate Market in Numbers
NIS 160.7 billion (at current prices)
-
56%
In residential construction -
24.1%
In non-residential construction -
19.2%
In civil works
51,300 units
51,700 units
Residential construction area : 9 million m2
Building construction time :29.4 months
The index of prices of dwellings increased by 4.2%.
The index of prices of new dwellings decreased by 2.4%.
Average price of a dwelling NIS 1,544,300
33,000 units
The rent index increased by 1.5%.
Average rent NIS 3,948.6 per month
47.7% of all persons aged 20 and over purchased a dwelling in Israel at some point in time.
58.3% purchased the dwelling from a private individual (second-hand)
31.9% purchased the dwelling from a contractor, construction company,or housing and development company
Tel Aviv Average Dwellings Prices by Apartment Type ('000 Shekels)
Tel Aviv index % YoY change (%)
House index prices YoY % change by district (%)
Israel house index prices (100=2015)
