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.

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.

Graph and download economic data for Residential Property Prices for Israel (QILN628BIS) from Q1 1994 to Q1 2025 about Israel, residential, HPI, housing, price index, indexes, and price.

Housing Index in Israel decreased to 609.20 points in June from 609.80 points in May 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 Q4 2024 about Israel, residential, housing, and price.

Residential Property Prices in Israel increased 6.14 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Israel Residential Property Prices.

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.

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. The commercial real estate (CRE) industry encompasses the buying, selling, leasing, and management of properties that are primarily used for business purposes. This sector includes various types of real estate such as office buildings, retail spaces, industrial facilities, and multifamily housing units. Unlike residential real estate, which focuses on properties intended for individual living, commercial real estate deals with properties that generate income or are utilized for commercial activities. Investors and businesses engage in CRE for several reasons, including the potential for stable income through rental agreements, appreciation of property value over time, and diversification of investment portfolios. The industry is influenced by numerous factors, including economic conditions, interest rates, and local market dynamics. Investors in CRE must also navigate complex zoning laws, property management considerations, and financing options. 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.

Key information about Israel Gold Production

• Israel Real Residential Property Price Index was reported at 183.281 2010=100 in Sep 2024.
• This records a decrease from the previous number of 183.781 2010=100 for Jun 2024.
• Israel Real Residential Property Price Index data is updated quarterly, averaging 99.599 2010=100 from Mar 1994 to Sep 2024, with 123 observations.
• The data reached an all-time high of 186.865 2010=100 in Dec 2022 and a record low of 76.547 2010=100 in Dec 2007.
• Israel Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

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.

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).

The Israeli commercial real estate market exhibits robust growth potential, projected to reach a substantial market size. While the exact 2025 market size ("XX") is unavailable, considering a CAGR of 6.12% from a likely base year (let's assume 2019), and the presence of major players like Azrieli Group, Gazit-Globe, and Melisron, a conservative estimate for the 2025 market size could be in the range of $15-20 billion. This reflects a strong and growing economy alongside significant investment in infrastructure and technology sectors, driving demand for office, retail, and industrial spaces. The market is segmented, with office spaces likely dominating, followed by retail and then industrial properties. Key drivers include increased foreign investment, a burgeoning tech sector expanding its footprint, and government initiatives promoting urban development. Trends indicate a shift towards sustainable and smart building technologies, as well as increasing demand for flexible workspaces and e-commerce-driven retail adaptations. However, restraints such as geopolitical uncertainty and potential interest rate fluctuations could temper growth in the coming years. The forecast period from 2025 to 2033 anticipates continued expansion, driven by factors such as ongoing population growth, increased tourism, and the ongoing development of strategically important locations. The major players mentioned – Azrieli Group, Gazit-Globe, Melisron, Arko Holdings, Ashtrom Group, and Elbit Imaging – will continue to shape the market's dynamics through strategic acquisitions, developments, and management of existing properties. The 6.12% CAGR suggests substantial growth opportunities within specific segments, particularly those aligned with emerging technologies and sustainable practices. Analyzing regional performance within Israel would further refine understanding of growth disparities and investment opportunities. The market shows promise, but prudent risk assessment concerning geopolitical factors and economic fluctuations is advised. 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.

Real residential property prices Y-on-Y, percent change in Israel, December, 2024 The most recent value is 4 percent as of Q4 2024, an increase compared to the previous value of 2.66 percent. Historically, the average for Israel from Q1 1995 to Q4 2024 is 2.51 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

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: Shares: Real Estate and Construction data was reported at 117,658.600 ILS mn in Jun 2018. This records an increase from the previous number of 116,945.500 ILS mn for May 2018. Israel Market Capitalization: TASE: Shares: Real Estate and Construction data is updated monthly, averaging 61,645.450 ILS mn from Jan 2002 (Median) to Jun 2018, with 198 observations. The data reached an all-time high of 127,398.900 ILS mn in Dec 2017 and a record low of 11,791.800 ILS mn in Feb 2003. Israel Market Capitalization: TASE: Shares: 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 Market Capitalization: TASE: Convertible Bonds: Real Estate and Construction data was reported at 389.400 ILS mn in Jun 2018. This records a decrease from the previous number of 396.700 ILS mn for May 2018. Israel Market Capitalization: TASE: Convertible Bonds: Real Estate and Construction data is updated monthly, averaging 1,690.650 ILS mn from Jan 2002 (Median) to Jun 2018, with 198 observations. The data reached an all-time high of 4,717.500 ILS mn in Oct 2006 and a record low of 208.100 ILS mn in Aug 2017. Israel Market Capitalization: TASE: Convertible Bonds: 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.

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 Dwellings Price Index: Owner Occupied data was reported at 611.700 1993=100 in Jan 2025. This records an increase from the previous number of 606.200 1993=100 for Dec 2024. Israel Dwellings Price Index: Owner Occupied data is updated monthly, averaging 225.300 1993=100 from Jan 1994 (Median) to Jan 2025, with 373 observations. The data reached an all-time high of 611.700 1993=100 in Jan 2025 and a record low of 117.200 1993=100 in Jan 1994. Israel Dwellings Price Index: Owner Occupied 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.EB005: Dwellings Price Index. Dwellings Price Index is calculated according to 'Survey of Housing Prices'. As of January 2009, these surveys serve as an indicator to changes in housing prices are not part of the Consumer Price Index. [COVID-19-IMPACT]

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