The housing market

ByJOHN BENZAQUEN
March 27, 2014 12:58

Jerusalem is a city of contrasts and contradictions.




Jerusalem housing market

Predictions for Jerusalem in 2014 see a strong and active market for buyers and sellers. (photo credit:ARI MARRACHE)

In the last week of February, chief government appraiser Tal Eldorati published figures on real estate prices for the last quarter of 2013 and for the year as a whole.

The price of an average four-room apartment at the end of 2013 was NIS 1.76 million – unchanged from the average price at the end of the third quarter of 2013 and a rise of only 1 percent compared to the end of 2012.

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