housing prices

Yaakov Kwint, director general of the Israel Land Authority: "The trend of falling apartment prices will continue in the coming months."

The issue occupying Israelis’ minds above all others isn’t the judicial reform, personal safety or even Iran’s pursuit of nuclear weapons.

Unlike the US or Canada, where there is abundant affordable property for rentals, Israel is overcrowded and expensive. Over the last 15 years, the price of homes in Israel went up by 8% annually.

One apartment building in the Israeli city of Bat Yam was dubbed the ugliest in the world. Why is it so ugly and who did it beat out?

Even though the inflation slowed down as well, consumer prices continued to rise - notably, the price of clothing and footwear jumped by 4.1%.

Until now, couples could only apply for the raffle if they were already married.

Inflation is another factor pushing up rents, with a clear pattern of substantial rent increases emerging.

Finance minister: “The daycare centers will not be more expensive for parents by one shekel, we will absorb the costs."

For young couples, the goal of buying an apartment is getting further and further away, and some are considering investing in real estate abroad.

Gafni and Smotrich said they would meet with the banking regulator, which is part of the central bank, to come up with a solution for mortgage holders.