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Average prices of owner occupied dwellings in Israel (in NIS)

August, 29, 2020

Israel

Central Bureau of Statistics

House prices in Israel. The Central Bureau of Statistics of Israel publishes a quarterly time-series of the average sale prices of owner-occupied dwellings in Israel by region and size of apartment. The time-series stretches back to 1983.

House prices in Israel, % change 1 yr

Nominal and inflation-adjusted ('real')

Israel

Source: Central Bureau of Statistics


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20205.49-5.58
20190.842.14-2.670.93
20180.5-0.16-0.91-1.37
20170.37-2.022.182.24
20163.030.130.351.67
20153.651.02-0.112.18
20142.651.751.920.91
20134.96-1.031.95-0.48
20120.970.821.930.34
20111.94-2.08-1.63-0.6
20106.280.443.513.37
20098.563.781.183.64
20082.051.66-1.27-2.85
20074.75-0.773.72-5.32
20069.52-4.880.81-7.6
20055.393.661.29-3.48
20045.341.71.65-6.71
2003-0.35-5.739.06-2.92
200215.91-5.37-3.51-1.24
2001-0.3-1.280.28-7.46
2000-4.430.950.89-3.44
19992.613.171.930.3
19983.05-0.530.02-2.02
19972.79-1.152.19-3.55
19961.431.811.431.48
1995-0.151.772.21-1.6
19943.120.064.46-1.9
19934.68-0.973.874.02
1992-2.412.680.533.56
1991-1.8720.07-2.45-3.97
19903.25-1.99-8.06

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.