{"id":551719,"date":"2026-07-15T22:59:19","date_gmt":"2026-07-15T22:59:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/551719\/"},"modified":"2026-07-15T22:59:19","modified_gmt":"2026-07-15T22:59:19","slug":"central-bureau-of-statistics-apartment-prices-are-falling-again","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/551719\/","title":{"rendered":"Central Bureau of Statistics: Apartment prices are falling again"},"content":{"rendered":"<p data-v-5c642528=\"\" data-v-45890e8d-s=\"\">The Central Bureau of Statistics (CBS) published the Home Price Index on Wednesday, showing that housing prices in Israel fell by 1.0% in April-May 2026 compared with transactions carried out in March-April. The decline reflects the overall index, which includes both new and second-hand homes, adjusted for quality changes.<\/p>\n<p data-v-5c642528=\"\" data-v-45890e8d-s=\"\">The annual downward trend is also continuing. A comparison of transactions conducted in April-May 2026 with those from the same period last year shows that the Home Price Index fell by 2.0%.<\/p>\n<p class=\"\" album=\"true\" data-v-5c642528=\"\" data-v-45890e8d-s=\"\"><a class=\"\" album=\"true\" href=\"https:\/\/a7.org\/?file=20260715183252.pdf\" target=\"_blank\" data-v-5c642528=\"\" data-v-45890e8d-s=\"\" rel=\"nofollow noopener\">Full CBS report [in Hebrew]<\/a><\/p>\n<p data-v-5c642528=\"\" data-v-45890e8d-s=\"\">The CBS noted that this is one of the periods in the past decade in which annual declines were recorded, following drops in 2018 and the second half of 2023.<\/p>\n<p data-v-5c642528=\"\" data-v-45890e8d-s=\"\">By district, the sharpest decline was recorded in the Tel Aviv District, where prices fell by 2.3%, followed by Jerusalem with a 1.8% decrease. Prices in the Haifa District declined by 0.5%, and in the Northern District by 0.3%, while no change was recorded in the Central and Southern districts.<\/p>\n<p data-v-5c642528=\"\" data-v-45890e8d-s=\"\">On an annual basis, price declines were recorded in the Central District (3.2%), Haifa (2.6%), Tel Aviv (2.5%), and Southern District (0.5%). In contrast, prices rose in the Northern District (1.4%) and Jerusalem District (0.3%).<\/p>\n<p data-v-5c642528=\"\" data-v-45890e8d-s=\"\">The new-home market also saw a decline, though a more moderate one. The new Home Price Index dropped by 0.1% compared with the previous period. However, the share of transactions made through government-subsidized housing programs increased from 34.6% to 37.5%. Excluding these transactions, new-home prices actually rose by 0.2%.<\/p>\n<p data-v-5c642528=\"\" data-v-45890e8d-s=\"\">The data also show that compared with April-May 2025, the New Home Price Index fell by 3.9%. The CBS further noted that over the past five years, new-home prices have risen by 29.9%, compared with a cumulative 31.2% increase in overall home prices.<\/p>\n<p><img decoding=\"async\" class=\"image\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/07\/693176.jpg\"   alt=\"Central Bureau of Statistics data\" loading=\"lazy\" style=\"background-color:gray;\" data-v-20e4f635=\"\"\/><img decoding=\"async\" src=\"data:image\/svg+xml,%3csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20width='13'%20height='13'%20viewBox='0%200%2013%2013'%3e%3cdefs%3e%3cstyle%3e%20.cls-1{fill:%23fff}%20%3c\/style%3e%3c\/defs%3e%3cg%20id='Group_81'%20transform='translate(-327.79%20-961.605)'%3e%3cg%20id='Group_74'%3e%3cg%20id='Group_70'%3e%3cpath%20id='Path_42'%20d='M340.79%20974.6h-3.872v-1h2.872v-2.872h1z'%20class='cls-1'\/%3e%3c\/g%3e%3cg%20id='Group_71'%3e%3cpath%20id='Path_43'%20d='M331.662%20974.6h-3.872v-3.872h1v2.872h2.872z'%20class='cls-1'\/%3e%3c\/g%3e%3cg%20id='Group_72'%3e%3cpath%20id='Path_44'%20d='M328.79%20965.477h-1V961.6h3.872v1h-2.872z'%20class='cls-1'\/%3e%3c\/g%3e%3cg%20id='Group_73'%3e%3cpath%20id='Path_45'%20d='M340.79%20965.477h-1V962.6h-2.872v-1h3.872z'%20class='cls-1'\/%3e%3c\/g%3e%3c\/g%3e%3cg%20id='Group_77'%3e%3cg%20id='Group_75'%3e%3cpath%20id='Rectangle_28'%20d='M0%200H6V1H0z'%20class='cls-1'%20transform='rotate(-45%201333.904%2077.78)'\/%3e%3c\/g%3e%3cg%20id='Group_76'%3e%3cpath%20id='Rectangle_29'%20d='M0%200H6V1H0z'%20class='cls-1'%20transform='rotate(-45%201339.39%2091.022)'\/%3e%3c\/g%3e%3c\/g%3e%3cg%20id='Group_80'%3e%3cg%20id='Group_78'%3e%3cpath%20id='Rectangle_30'%20d='M0%200H1V6H0z'%20class='cls-1'%20transform='rotate(-44.999%201325.786%2085.365)'\/%3e%3c\/g%3e%3cg%20id='Group_79'%3e%3cpath%20id='Rectangle_31'%20d='M0%200H1V6H0z'%20class='cls-1'%20transform='rotate(-45%201339.001%2079.89)'\/%3e%3c\/g%3e%3c\/g%3e%3c\/g%3e%3c\/svg%3e\" alt=\"enlarge\" data-v-20e4f635=\"\"\/>Central Bureau of Statistics dataCredit: Central Bureau of Statistics<\/p>\n","protected":false},"excerpt":{"rendered":"The Central Bureau of Statistics (CBS) published the Home Price Index on Wednesday, showing that housing prices in&hellip;\n","protected":false},"author":2,"featured_media":551720,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[12067,72,103259,113,61,60],"class_list":["post-551719","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-apartments","tag-business","tag-central-bureau-of-statistics","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/551719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=551719"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/551719\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/551720"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=551719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=551719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=551719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}