Housing price index completes an increase of 8% in the last 12 months

Posted on Sep 14, 2021 by Ifi Reporter - Dan Bielski

The housing price index completes an increase of 8% in the last 12 months, according to CBS data. Estimates that 2021 will end with a rise of more than 10% in housing prices - are becoming more and more real.
The discount on apartments under the latest target price plan - the plan announced by the Minister of Construction, Zeev Elkin - will not succeed in influencing the rising apartment prices in 2021, as this year is expected to end with only a few marketing under the plan, which will not affect the housing market or willing contractors Pay much more than they previously paid for each piece of land. Prices are particularly high in the center of the country, as can be seen in tenders for Sde Dov, Ramat Hasharon, Ramat Efal and more. When asked if the employees will receive bonuses as a result of the transaction, the associates replied: "Itamar's employees hold the conversion options to the share, so everyone will benefit from the transaction."


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