Where the market is

Market Analysis

Israeli property data is published — it is just published in Hebrew, in pieces, and late. The national index covers eighteen cities and lands months after the quarter it describes. The transaction register holds everything else, one deal at a time.

Every quarter we pull it together, area by area, and say what it means for someone deciding whether to buy now or wait.

Bank of Israel rate 4.25%

Held again. Mortgage pricing and buyer appetite both track this before anything else.

Jerusalem, annual +4.2%

The district map inverted this year — Jerusalem rising while the coast softened.

Tel Aviv, annual −3.5%

The first sustained fall in the city in several years.

Cities in the national series 18

The published index covers 18 cities. We fill the rest from the transaction register.

Figures shown are illustrative on this page and refresh each quarter.

What a quarterly file contains

Average price by room count

Three, four and five rooms priced separately. A single city average hides the fact that the three-room market and the five-room market often move in opposite directions.

Price per square metre

New build against second-hand stock. The most portable number there is, and the one that makes two very different flats comparable.

Transaction volumes

How many actually sold. A price that holds while volume collapses is a price nobody is paying yet.

The district split

Central, Jerusalem, north, south. National headlines are usually one district dragging the average.

Inventory and time on market

How much is for sale and how long it sits. The earliest signal that a market is turning, well before prices show it.

Rates and mortgage cost

What the Bank of Israel rate does to a monthly payment, and what the banks are actually lending against.

Where the numbers come from

Three sources, all public: the Central Bureau of Statistics for the national and city indices, the Bank of Israel for rates and mortgage volumes, and the Tax Authority transaction register for individual sale prices.

Each carries a lag, and we say which. Register entries appear weeks after a deal signs; the city averages arrive later still. Anyone quoting today's price for an Israeli city is quoting an estimate — we would rather show the date on the number than pretend otherwise.