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Home In Brief

Housing prices in Israel up 5.6%

by  Hili Yacobi-Handelsman
Published on  06-16-2021 12:23
Last modified: 06-16-2021 12:23
Housing prices in Israel up 5.6%Dudu Grunshpan

Construction site in Beersheba, southern Israel, April 26, 2021 | File photo: Dudu Grunshpan

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The Central Bureau of Statistic's latest report sheds light on how Israel's food and housing prices have changed within the last year.

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According to data, the consumer price index has increased by 0.4 percent in May 2021 alone. Significant increases were recorded with fresh fruit (13.7%), clothing (2.4%) and culture and entertainment (1.9%). On the other hand, a significant decrease was recorded with fresh vegetables (2.2%). Within a year, the CPI increased by 1.5%.

As for housing prices, there was a 1.0% increase between March and April 2021 and a 5.6% increase within the last twelve months. Prices mostly increased in the Central district (7.5%), Southern district (5.9%) and Northern district (5.7%). A moderate increase was recorded in the other districts as well.

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