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Housing prices rose by 15 percent in 2009

By JPOST.COM STAFF
Israeli housing prices rose last year by 15 percent according to the government housing market assessor, reported Army Radio on Sunday.
However, a survey of four-room apartments in the 6 biggest cities in Israel shows that there has been a freeze on housing prices in Tel Aviv and Beersheba, and a slight decrease in prices in Herzliya and Petah Tikva.
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