Tel Aviv Real Estate News | Israeli Property Prices Continue to Rise
Despite the Finance Minister Kahlon’s policies designed to slow the rate of appreciation in Israel’s real estate market, prices continued to rise according to the most recent government report. Tel Aviv prices are up 17% from 2015, and up an impressive 4% from last quarter.
Nationally, prices are up 9% from last year, and 2.5% from last quarter. Experts attribute this to the continuous flow of demand matched with the volume of property completions and active supply down from last year.