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What’s Happening in the Israeli Real Estate Market? | Perspectives on the Housing Market in Israel

What’s Happening in the Israeli Real Estate Market? | Perspectives on the Housing Market in Israel

Over the past month, the Israeli business press has been flooded with numerous articles and interviews concerning the state of the Israeli housing market. After seeing a steady increase in housing prices since 2007, at an average rate of 12% a year, prices rose over 15% in the last year, prompting many in the press and public to claim a bubble, due to these numbers being out of the norm for a developed country.

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