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The CSB said data on the housing market: apartment prices are not falling, but rising

Central Bureau of statistics released data on the Israeli real estate market during the first four months of 2017.

About a month ago, CBS reported that in the first quarter of the current year apartments fell on average by 2.9% compared to the previous quarter. It was noted that these data are not final.

Now the CSB said the data for February-March and instead of reducing prices, which was reported earlier, said that in February, housing rose 0.4% in March and 0.5%, the newspaper «Globs».

According to the latest CSB data, in the period from January to April, apartment prices in Israel rose by 0.9%.

According to the newspaper The Marker, in total, over the year from April 2016 to April 2017 – a rise in price of housing, according to the CSB, was 4.3%.

— Sale, purchase and rent housing in Israel

The CSB said data on the housing market: apartment prices are not falling, but rising 20.06.2017

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