Israeli housing prices still rising – Globes – Hold

The Gazit-Globe Research Institute at the Interdisciplinary Center (IDC) Herzliya found that housing prices rose 2.5% in the first half of 2017.

The decline in the volume of housing deals (15% in the second quarter, compared with the corresponding quarter last year) has not yet cooled off prices. The housing prices index of the Gazit-Globe Real Estate Research Institute at the Interdisciplinary Center (IDC) Herzliya, which is based on repeated deals for the same housing units, showed a 1% rise in the second quarter, sources inform “Globes.”

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