Housing prices in Israel have increased by 7.2% in one year, according to a report published Thursday by the Central Bureau of Statistics.
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A comparion of the transaction prices between April and May this year and the same period of time in 2020, showed that prices went up in all of Israel's districts. Housing prices in the northern district increased by 8.8%, the central district by 7.3%, the Tel Aviv district by 6.9%, the Jerusalem district by 6.8%, the Haifa district by 6.1% and the southern district by 6%.
In addition, the bureau registered several significant cost increases in June 2021. The Consumer Price Index went up by 0.1% compared to May 2021, the food index by 0.8% and the fresh vegetables index by 1.4%. On the other hand, a significant decrease was reported with fresh fruit (8.2%), and clothing and footwear (3%).
Altogether, since the start of 2021, the CPI has increased by 1.6%.
