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Israel has continued to rise, housing prices

26.11.15
Data for the third quarter of 2015 show that the value of real estate in major cities in Israel rose over the year by an average of 6%. The average quarterly growth of 1.4%. These statistics were taken into account data on transactions with a thousand 4-room apartments in apartment buildings. Data are for transactions concluded as a primary and a secondary real estate.
The leader of a rise in prices was the city of Be'er Sheva (19%). Followed Herzliya (13%), Netanya (9%), Haifa (8%), Eilat (6%). In Tel Aviv, the cost of housing for the year remains unchanged. But in Ramle and Jerusalem recorded price decline (1% and 4%, respectively).
In addition to the rise in prices in Israel increased and the demand for mortgage loans. For the first nine months of 2015 was issued on the mortgage loans in the amount of 13.8 billion. Dollars, which already indicates that the current year was a record.

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