According to the Central Bureau of Statistics, apartment prices rose by 0.9% in November, as part of the general increase since the beginning of the year, which is estimated at 10.3% | It seems that prices will rise during the year, more than the threshold set by Finance Minister Lieberman
The Central Bureau of Statistics announced yesterday (Wednesday) that the rise in housing prices in November is about 0.9%. This was reported in Yedioth Ahronoth.
The rise in November continues the general trend with a 10.3% rise from the beginning of the year, the highest in a decade, so that all the achievement of former finance minister Kahlon, who halted the rise two years ago, has been erased.
According to the trend, housing prices will continue to rise at a high rate in the coming months as well. In any case, it seems that Finance Minister Avigdor Lieberman’s forecast that apartment prices will rise by 11% throughout 2021 will be false, and that prices will not only skyrocket but even exceed the threshold he set.
If the data are broken down by region in the months September-October 2021 compared to August-September of that year, price increases were recorded in the districts: South 1.5%. Haifa 1.4%. Jerusalem 1.2%. Center 0.2%. And Tel Aviv 1.3%.
The increases come mainly from the rise in prices of materials and products by 10.4%, rental of equipment and vehicles by 8.9%. And at wage prices by 1.3%.