Graph and download economic data for Real Residential Property Prices for Israel (QILR628BIS) from Q1 1994 to Q2 2025 about Israel, residential, HPI, housing, real, price index, indexes, and price.

Key information about House Prices Growth

• Israel house prices grew 0.5% YoY in Aug 2025, following an increase of 0.7% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 1995 to Aug 2025, with an average growth rate of 19.8%.
• House price data reached an all-time high of 21.4% in May 1996 and a record low of -8.8% in May 2003.

Housing Index in Israel decreased to 595.40 points in September from 597.20 points in August of 2025. This dataset provides - Israel House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the Israel Real Estate Market reached a value of USD 85.3 million, and it is projected to surge to USD 154.9 million by 2030.

Graph and download economic data for Residential Property Prices for Israel (QILN368BIS) from Q1 1995 to Q2 2025 about Israel, residential, housing, and price.

The Israel Commercial Real Estate Market Report is Segmented by Property Type (Offices, Retail and More), by Business Model (Rental and Sales), by End User (Individuals / Households, Corporates & SMEs and More) and by Region (Tel-Aviv District, Jerusalem District and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

Residential Property Prices in Israel increased 2.60 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Israel Residential Property Prices.

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).

Israel's commercial real estate market is booming, with a projected CAGR of 6.12% and a market value estimated in the billions. Discover key trends, leading companies like Azrieli Group and Gazit-Globe, and regional market insights in this comprehensive analysis of the Israeli CRE sector from 2019-2033. Key drivers for this market are: Increasing need for contemporary office spaces, Urban and semi-urban lodging are acting as other significant growth-inducing factors. Potential restraints include: Availability of Financing. Notable trends are: Shortage of Building Land and Labor Availability.

Israel Commercial Real Estate Market size was valued at USD 24.3 Billion in 2023 and is projected to reach USD 39.2 Billion by 2031, growing at a CAGR of 6.1% from 2024 to 2031.

Israel Commercial Real Estate Market: Definition/ Overview

In Israel, commercial real estate refers to facilities used for business purposes, such as office buildings, retail spaces, industrial complexes, and mixed-use projects. It acts as a foundation for the country’s expanding sectors, particularly technology, finance, and services, and houses local enterprises, multinational corporations, and startups. Tel Aviv, Herzliya, and Jerusalem are important hubs that draw major domestic and international investment due to their modern infrastructure, strategic position, and good economic performance.

Real residential property prices Y-on-Y, percent change in Israel, March, 2025 The most recent value is 2.32 percent as of Q1 2025, a decline compared to the previous value of 4 percent. Historically, the average for Israel from Q1 1995 to Q1 2025 is 2.5 percent. The minimum of -9.59 percent was recorded in Q2 2003, while the maximum of 16.42 percent was reached in Q1 2010. | TheGlobalEconomy.com

The size of the Israel Commercial Real Estate Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.12% during the forecast period. Key drivers for this market are: Increasing need for contemporary office spaces, Urban and semi-urban lodging are acting as other significant growth-inducing factors. Potential restraints include: Availability of Financing. Notable trends are: Shortage of Building Land and Labor Availability.

Israel Real Estate Portals and PropTech Market valued at USD 1.5 Bn, driven by digital adoption, urbanization, and tech innovations for enhanced property transactions.

The Israeli commercial real estate market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 6.12% from 2025 to 2033. This growth is fueled by several key drivers. A thriving tech sector in Tel Aviv and other major cities is driving demand for office space, particularly Class A buildings. Furthermore, increasing tourism and a growing population are boosting the demand for retail and hospitality properties. Government initiatives aimed at infrastructure development and urban renewal projects are also contributing to market expansion. While factors like global economic uncertainty and potential interest rate hikes could pose challenges, the overall outlook remains positive, driven by strong fundamentals and a relatively stable political environment. The market is segmented into offices, industrial, retail, hotels, and other property types, with office space currently dominating market share. Key players, including Arko Holdings Ltd, Ashtrom Group Ltd, Gazit-Globe Ltd, Azrieli Group Ltd, Melisron Ltd, and Elbit Imaging Ltd, are actively shaping the market landscape through strategic acquisitions, developments, and portfolio management. The forecast for the Israeli commercial real estate market from 2025 to 2033 indicates continued, albeit potentially fluctuating, growth, influenced by global macroeconomic trends. The segment-specific performance will vary. The office sector is expected to see continued growth, driven by the tech sector's expansion and evolving workplace preferences. The retail sector may experience moderate growth contingent upon consumer spending patterns and e-commerce competition. The industrial segment, benefitting from ongoing logistics and supply chain developments, is poised for healthy expansion. The hotel sector’s performance will be closely linked to tourism trends. Continued monitoring of economic indicators, interest rates, and geopolitical factors will be crucial in refining future market projections. The data indicates that the existing market players are well-positioned to capitalize on emerging opportunities within their respective segments. Notable trends are: Shortage of Building Land and Labor Availability.

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.

Israel Market Capitalization: TASE: Real Estate and Construction data was reported at 118,072.800 ILS mn in Jun 2018. This records an increase from the previous number of 117,357.400 ILS mn for May 2018. Israel Market Capitalization: TASE: Real Estate and Construction data is updated monthly, averaging 62,665.300 ILS mn from Jan 2002 (Median) to Jun 2018, with 198 observations. The data reached an all-time high of 128,017.700 ILS mn in Dec 2017 and a record low of 13,828.700 ILS mn in Feb 2003. Israel Market Capitalization: TASE: Real Estate and Construction data remains active status in CEIC and is reported by Tel Aviv Stock Exchange. The data is categorized under Global Database’s Israel – Table IL.Z003: Tel Aviv Stock Exchange: Market Capitalization.

Israel: Housing and utilities price index, world average = 100: The latest value from 2021 is 268.76 index points, an increase from 232.165 index points in 2017. In comparison, the world average is 77.639 index points, based on data from 165 countries. Historically, the average for Israel from 2017 to 2021 is 250.463 index points. The minimum value, 232.165 index points, was reached in 2017 while the maximum of 268.76 index points was recorded in 2021.

Israel Real Estate Portals & PropTech Market valued at USD 1.7 Bn, driven by AI, IoT adoption, and digital platforms for transparent property transactions.

In August 2025, *******people worked in the real estate industry in Israel. This was an increase compared to the previous month. During the observed period, the number of workers in this industry generally increased with some fluctuations.

Israel - Selected residential property prices, Real, Index, 2010 = 100