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Israel's Home Prices Plunge: 8 Months of Declines

12/26/2025

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Summary

Story summary

Israel's home prices have fallen for eight consecutive months, down 2.6% over the period and 0.5% in September and October.
High interest rates and shifting demand drive the downturn.
In October, sales of new and secondhand apartments fell 14% and 10%, respectively.
Total October sales were 4,518 apartments, down 12% from the previous year.
Some foreign residents still consider buying, with Jerusalem accounting for 44% of foreign purchases.

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Story summary

Israel's home prices have fallen for eight consecutive months, down 2.6% over the period and 0.5% in September and October.
High interest rates and shifting demand drive the downturn.
In October, sales of new and secondhand apartments fell 14% and 10%, respectively.
Total October sales were 4,518 apartments, down 12% from the previous year.
Some foreign residents still consider buying, with Jerusalem accounting for 44% of foreign purchases.