Israel
By Hamodia Staff
YERUSHALAYIM -
Construction work on housing in the city of Ariel, in the Shomron. (Sraya Diamant/Flash90)
Real estate experts are saying that housing prices in Israel will continue to rise, but by how much is not clear, according to Globes on Monday.
The Ministries of Finance and Housing and the Israel Land Authority have all done studies that indicated an increase of 3%-4% annually over the next three years, at least, based on developers’ estimates.
The factors at work include the fall in building starts, and the hot sellers’ market of homes in recent months.