Apartment prices in Israel rose since the beginning of the year, hitting an average increase of 5.6% since January 2021, N12 news reported.The price index of new dwellings varied by location in Israel, with an increase of 7.5% in the Central District, an increase of 5.9% in the South and increase of 5.7% in the North.
In major cities, an increase in housing prices was also reported. Jerusalem saw an increase of 3.8%, Tel Aviv an increase of 4.5% and Haifa an increase of 4.2%.
Meanwhile, consumer prices also rose in Israel since the start of the year. The consumer price index rose by 1.5% since the start of 2021, revealing the impact of the coronavirus pandemic on the economic situation in the country.
One index showed that the prices of fresh fruit jumped by 13.7%, while vegetables saw a decrease of 2.2%; another regarding clothing prices also saw an increase of 2.4%.