Graph and download economic data for Real Residential Property Prices for Israel (QILR628BIS) from Q1 1994 to Q3 2024 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.

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.

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 4.2 million Israeli shekels (roughly 1.13 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 110,000 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 2.5 million Israeli shekels (around 673,000 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 1.64 million Israeli shekels (approximately 440,000 U.S. dollars).

Residential Property Prices in Israel increased 6.23 percent in September of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Israel Residential Property Prices.

Israel Rental Prices: Avg data was reported at 4,817.400 ILS in Dec 2024. This records an increase from the previous number of 4,745.100 ILS for Sep 2024. Israel Rental Prices: Avg data is updated quarterly, averaging 4,074.500 ILS from Mar 2017 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 4,817.400 ILS in Dec 2024 and a record low of 3,684.800 ILS in Mar 2017. Israel Rental Prices: Avg 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.

As of Q3 2024, the average price of natural gas in Israel was 4.46 U.S. dollars per million British thermal units (MMBTU). This marked a slight decrease compared to the previous quarter, when the price was 4.58 MMBTU. During the period observed, the price of natural gas in the local market decreased by 5.3 percent.

In the first quarter of 2023, the average price of dwellings in Jerusalem in Israel amounted to just over 2.5 million Israeli shekels (roughly 673,000 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.

Producer Prices in Israel increased to 122.50 points in February from 121.70 points in January of 2025. This dataset provides - Israel Producer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Israel IL: Pump Price for Gasoline: USD per Liter data was reported at 1.570 USD in 2016. This records a decrease from the previous number of 1.880 USD for 2014. Israel IL: Pump Price for Gasoline: USD per Liter data is updated yearly, averaging 1.370 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 2.010 USD in 2012 and a record low of 0.730 USD in 1995. Israel IL: Pump Price for Gasoline: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Israel – Table IL.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;

In the first quarter of 2023, the average price of dwellings in Israel amounted to nearly 1.97 million Israeli shekels (roughly 530,000 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.

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.

Import Prices in Israel decreased to 116.10 points in the fourth quarter of 2024 from 117.20 points in the third quarter of 2024. This dataset provides the latest reported value for - Israel Import Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Consumer Price Index: OECD Groups: Services Less Housing: Total for Israel (ISRCPGRLH01GPQ) from Q2 1970 to Q3 2023 about Israel, services, CPI, price index, indexes, and price.

Cement Price in Israel - 2023. Find the latest marketing data on the IndexBox platform.

Export Prices in Israel increased to 109.60 points in the fourth quarter of 2024 from 108.90 points in the third quarter of 2024. This dataset provides the latest reported value for - Israel Export Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2023, approx. 16K tons of tomatoes were imported into Israel; waning by -36.6% against 2022 figures.

Israel Rental Prices: Avg: Ashdod data was reported at 4,217.400 ILS in Dec 2024. This records an increase from the previous number of 4,172.500 ILS for Sep 2024. Israel Rental Prices: Avg: Ashdod data is updated quarterly, averaging 3,655.050 ILS from Mar 2017 (Median) to Dec 2024, with 32 observations. The data reached an all-time high of 4,217.400 ILS in Dec 2024 and a record low of 3,137.194 ILS in Mar 2017. Israel Rental Prices: Avg: Ashdod 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.

Polystyrene Price in Israel - 2023. Find the latest marketing data on the IndexBox platform.

In the first quarter of 2023, the average price of dwellings in Haifa in Israel amounted to almost 1.64 million Israeli shekels (roughly 440,000 U.S. dollars). That was a slight increase compared to the previous quarter. The average price of residences in this city gradually increased during the observed period. Haifa is the third largest city in Israel.

Core Consumer Prices in Israel remained unchanged at 101.50 points in February. This dataset provides - Israel Core Consumer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.