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.

Housing Index in Israel decreased to 597.20 points in August from 600.80 points in July of 2025. This dataset provides - Israel House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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.

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.

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]

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.

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.

In 2024, Israel was the country with the highest inflation-adjusted increase in house prices since 2010 among the Middle Eastern and African countries under observation. In the fourth quarter of the year, the real house price index in Israel exceeded 185 index points, suggesting that, adjusted for inflation, house prices grew 85 percent since 2010, the baseline year when the index value was set to 100. According to the nominal house price index, which does not adjust for the effects of inflation, the price increase was higher.

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.

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.

In 2024, Israel was the country with the highest increase in house prices since 2010 among the Middle Eastern and African countries under observation. In the fourth quarter of the year, the house price index in Israel exceeded 229 index points, suggesting an increase of 129 percent since 2010, the baseline year when the index value was set to 100. It is important to note that the nominal index does not account for the effects of inflation, meaning that, adjusted for inflation, price growth in real terms was slower.

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

Israel Index: TASE: Sector: Real Estate and Construction data was reported at 966.020 01Jan1984=94.57 in Sep 2018. This records an increase from the previous number of 963.490 01Jan1984=94.57 for Aug 2018. Israel Index: TASE: Sector: Real Estate and Construction data is updated monthly, averaging 462.510 01Jan1984=94.57 from Jan 2000 (Median) to Sep 2018, with 225 observations. The data reached an all-time high of 978.490 01Jan1984=94.57 in Dec 2017 and a record low of 164.950 01Jan1984=94.57 in Feb 2003. Israel Index: TASE: Sector: 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.Z001: Tel Aviv Stock Exchange: Index.

Comprehensive collection of financial reports and documents for ARI Real Estate (ARENA) Investment LTD (ARIN)

In December 2024, the average monthly wage in the real estate industry in Israel amounted to over 16,500 Israeli shekels, roughly 4,500 U.S. dollars. This was an increase compared to the previous month. The average monthly salary in this sector trended positively during the observed period, peaking in March 2024.

Israel Index: TASE: Sector: Real Estate data was reported at 557.530 30Dec2004=278.8 in Sep 2018. This records an increase from the previous number of 554.930 30Dec2004=278.8 for Aug 2018. Israel Index: TASE: Sector: Real Estate data is updated monthly, averaging 536.925 30Dec2004=278.8 from Feb 2017 (Median) to Sep 2018, with 20 observations. The data reached an all-time high of 580.270 30Dec2004=278.8 in Jan 2018 and a record low of 491.770 30Dec2004=278.8 in Feb 2017. Israel Index: TASE: Sector: Real Estate 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.Z001: Tel Aviv Stock Exchange: Index.

The Israel Geospatial Analytics Market is Segmented by Type (Surface Analysis, Network Analysis, Geovisualization), End User Vertical ( Agriculture, Utility and Communication, Defence and Intelligence, Government, Mining and Natural Resources, Automotive and Transportation, Healthcare, Real Estate, and Construction). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

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.