Housing Index in Israel decreased to 602 points in June from 605 points in May of 2025. This dataset provides - Israel House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real Residential Property Prices for Israel (QILR628BIS) from Q1 1994 to Q1 2025 about Israel, residential, HPI, housing, real, price index, indexes, and price.

Apartment prices in Tel Aviv are the highest among the major cities in Israel. In the first quarter of 2023, the average cost of dwellings in Tel Aviv amounted to over *** million Israeli shekels (roughly **** million U.S. dollars). That was a slight rise compared to the previous quarter. The average price of apartments in the city slightly fluctuated but overall increased during the observed period. Due to the high housing prices in the city, many who wish to live in the city can afford only rented housing. The The number of households  living in rented dwellings in Tel Aviv amounted to ******* in 2020, making it the most common type of residency that year.  

High demand for housing in Tel Aviv 

Tel Aviv is the financial and cultural capital of Israel. Important companies in the Israeli economy and most of the influential cultural institutions in Israel are located in the city. As a result, many are interested in living in the city permanently, so housing prices remain high and even rise. Tel Aviv is the most important city in the Israeli high-tech industry, one of the most essential industries in the Israeli economy. As a result, many of the industry workers live in the city. In 2022, StartupBlink ranked Tel Aviv first in its list of leading cities for startups in Israel, with a score of 54.89. 

Residence in Jerusalem and Haifa is more affordable 

Jerusalem, the largest city in Israel, offers more affordable housing than Tel Aviv. In the first quarter of 2023, the aaverage price of apartments in Jerusalem amounted to just over *** million Israeli shekels (around ******* U.S. dollars). Although the price is lower than in Tel Aviv, many Israelis hesitate to reside there. Jerusalem has a traditional character; therefore, it has fewer leisure and nightlife options than Tel Aviv can offer. The standard price of dwellings in Haifa, the largest city in the northern part of Israel, is lower than both towns. In the same quarter, it reached almost **** million Israeli shekels (approximately ******* U.S. dollars).

Key information about House Prices Growth

• Israel house prices grew 7.3% YoY in Nov 2024, following an increase of 7.6% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 1995 to Nov 2024, with an average growth rate of 4.8%.
• House price data reached an all-time high of 21.4% in May 1996 and a record low of -8.8% in May 2003.

CEIC calculates House Prices Growth from monthly Dwellings Price Index (Owner Occupied) . The Central Bureau of Statistics provides Dwellings Price Index (Owner Occupied) with base 1993=100. Dwellings Price Index is calculated monthly covering last 15 days of the previous month and first 15 days of the current month.

Wskaźnik cena/dochód najmu w Izraelu spadł do 125,80 w drugim kwartale 2025 roku z 132,80 w pierwszym kwartale 2025 roku. Ta strona zawiera wykres z danymi historycznymi dla Izraela Wskaźnik Cena do Wynajmu.

House price index in Israel, March, 2025 The most recent value is 232.2 index points as of Q1 2025, an increase compared to the previous value of 229 index points. Historically, the average for Israel from Q1 1994 to Q1 2025 is 112.36 index points. The minimum of 45.61 index points was recorded in Q1 1994, while the maximum of 232.2 index points was reached in Q1 2025. | TheGlobalEconomy.com

In the first quarter of 2023, the average price of dwellings in Jerusalem in Israel amounted to just over *** million Israeli shekels (roughly ******* U.S. dollars). That was a decrease compared to the previous quarter. On the other hand, in the fourth quarter of 2022, the average price of dwellings in this city increased slightly.

Israel Rental Prices: Avg: Tel Aviv data was reported at 7,116.600 ILS in Dec 2024. This records an increase from the previous number of 7,049.600 ILS for Sep 2024. Israel Rental Prices: Avg: Tel Aviv data is updated quarterly, averaging 5,952.500 ILS from Mar 2017 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 7,116.600 ILS in Dec 2024 and a record low of 5,300.865 ILS in Mar 2017. Israel Rental Prices: Avg: Tel Aviv data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.EB009: Average Rental Price: Dwellings.

In April 2023, the Consumer Price Index (CPI) for rent in Israel was measured at ***** points. This was a slight increase compared to the previous month. The CPI fluctuated during the observed period and increased within the first four months of 2023.

Israel Consumer Price Index (CPI): Housing: Rent data was reported at 100.900 2018=100 in Jan 2019. Israel Consumer Price Index (CPI): Housing: Rent data is updated monthly, averaging 100.900 2018=100 from Jan 2019 (Median) to Jan 2019, with 1 observations. Israel Consumer Price Index (CPI): Housing: Rent data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.I002: Consumer Price Index: 2018=100.

In December 2024, the consumer price index (CPI) for housing in Israel was measured at ***** points. This was an increase compared to the previous month. Between January 2023 and December 2024, the CPI grew by *** points, indicating an expansion in housing prices.

Graph and download economic data for Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Israel (ISRCPGRHO02GPM) from Feb 1986 to Nov 2023 about imputed, Israel, rent, CPI, price index, indexes, and price.

Israel IL: Price to Income Ratio: sa data was reported at 104.421 2015=100 in 2016. This records an increase from the previous number of 100.000 2015=100 for 2015. Israel IL: Price to Income Ratio: sa data is updated yearly, averaging 91.925 2015=100 from Dec 1995 (Median) to 2016, with 22 observations. The data reached an all-time high of 109.755 2015=100 in 1997 and a record low of 70.115 2015=100 in 2007. Israel IL: Price to Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database.

Graph and download economic data for Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Israel (ISRCPGRHO02GPQ) from Q2 1986 to Q3 2023 about imputed, Israel, rent, CPI, price index, indexes, and price.

Israel Rental Prices: Avg: Rehovot data was reported at 4,568.300 ILS in Dec 2024. This records an increase from the previous number of 4,507.600 ILS for Sep 2024. Israel Rental Prices: Avg: Rehovot data is updated quarterly, averaging 3,843.350 ILS from Mar 2017 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 4,568.300 ILS in Dec 2024 and a record low of 3,380.675 ILS in Mar 2017. Israel Rental Prices: Avg: Rehovot data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.EB009: Average Rental Price: Dwellings.

In February 2024, the non-seasonally adjusted house price index (HPI) in Israel amounted to around *** points. This accounts for a *** percent increase from the previous month. In the month following the Israel-Hamas war, which started on ***************, prices rose by *** percent.

Graph and download economic data for Consumer Price Index: Housing for Israel (ISRCPIHOUMINMEI) from Jan 1970 to May 2018 about Israel, CPI, housing, price index, indexes, and price.

Israel Rental Prices: Avg: Rishon Lezion data was reported at 4,943.400 ILS in Dec 2024. This records an increase from the previous number of 4,889.000 ILS for Sep 2024. Israel Rental Prices: Avg: Rishon Lezion data is updated quarterly, averaging 4,204.950 ILS from Mar 2017 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 4,943.400 ILS in Dec 2024 and a record low of 3,832.571 ILS in Mar 2017. Israel Rental Prices: Avg: Rishon Lezion data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Israel – Table IL.EB009: Average Rental Price: Dwellings.

Israel IL: Rent Price Index: sa data was reported at 124.754 2015=100 in Mar 2025. This records an increase from the previous number of 123.742 2015=100 for Dec 2024. Israel IL: Rent Price Index: sa data is updated quarterly, averaging 64.642 2015=100 from Mar 1970 (Median) to Mar 2025, with 221 observations. The data reached an all-time high of 124.754 2015=100 in Mar 2025 and a record low of 0.001 2015=100 in Mar 1970. Israel IL: Rent Price Index: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly.

In the first quarter of 2023, the average price of dwellings in Israel amounted to nearly **** million Israeli shekels (roughly ******* U.S. dollars). That was a slight rise compared to the previous quarter. The average price of residences in Israel gradually increased during the observed period.