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2019 Israel Real Estate Market in Numbers

2019 Gross Capital Formation in Construction

NIS 160.7 billion (at current prices)

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)

Published May 9, 2022

Previous articles

Tel Aviv Average Dwellings Prices by Apartment Type ('000 Shekels)

Tel Aviv index % YoY change (%)

House Price Index YoY % Change by District (%)

Tel Aviv index % YoY change
(100=2015)

Tel Aviv Real Estate

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