Real growth of residential property prices in local currency reached 1.65% in 2017 in Israel, according to the National Statistical Office. This is 77.5% less than in the previous year.
Historically, real growth of residential property prices in local currency in Israel reached an all time high of 17.5% in 1990 and an all time low of -45.0% in 1986.
Israel has been ranked 40th within the group of 71 countries we follow in terms of real growth of residential property prices in local currency.
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