Israel: housing

Are house prices falling in Israel?

Dwelling prices in Israel were 1.2% lower in the index for June 2026 than a year earlier, according to the Central Bureau of Statistics dwelling price index. The index rose 0.2% on the previous month.

The index is based on sales transactions and covers new and second-hand dwellings, adjusted for quality. Recent months are revised as late-reported deals are added. In 2024 the index rose 7.7% and the average dwelling price was NIS 2,340,300, according to Israel in Figures 2025.

Official sources: Central Bureau of Statistics dwelling price index · Israel in Figures 2025

What is the average price of an apartment in Israel?

The average price of a dwelling in Israel was NIS 2,340,300 in 2024, according to the Central Bureau of Statistics booklet Israel in Figures 2025. 103,200 dwellings were sold in real estate transactions, up from 71,600 in 2023, 44.7% of them new.

The average is a simple mean of transaction prices, so it changes with the mix of dwellings sold, for example more sales in high-priced areas or of larger flats, as well as with prices. To measure price change, CBS uses its quality-adjusted dwelling price index. Prices differ widely by district, with Tel Aviv and Jerusalem the most expensive.

Official sources: Israel in Figures 2025

How many homes are built in Israel each year?

Construction began on 66,800 dwellings in Israel in 2024, and 53,700 were completed, according to the Central Bureau of Statistics booklet Israel in Figures 2025. 78,500 dwellings were issued construction permits, and 183,900 were under active construction at the end of 2024.

Net of 5,600 dwellings destroyed, the start figure was 61,200. 70.9% of new dwellings were built for sale. Average building time, weighted by the number of dwellings in the building, was 34.3 months, which is why completions lag starts. The stock of dwellings rose by 61,000 to 2.96 million.

Official sources: Israel in Figures 2025

What share of Israelis own their home?

70.6% of dwellings in Israel, 2.1 million, were owner-occupied in 2024, and 28.8%, about 851,600, were rented, according to the Central Bureau of Statistics Dwelling and Building Register, summarised in Israel in Figures 2025.

The Household Expenditure Survey gives a lower figure for households: 64.1% lived in owned dwellings in 2023, and 32.2% of those were paying a mortgage. The difference reflects the unit counted: dwellings in the register against households in the survey.

Official sources: Israel in Figures 2025

What share of Israel is urban?

The UN Population Division puts the share of people living in urban areas in Israel at 91.6% in 2025. Its high point since 2005 was 2009, at 91.7%; its low point was 2022, at 91.5%. It is 6th highest of 22 in Middle East, North Africa, Afghanistan & Pakistan, where the median is 78.4%. World rank, highest first: 17th of 193.

What share of people in Israel have electricity?

100.0%: that is the share of people with access to electricity in Israel for 2024, according to the World Bank. The figure has been the same every year since 2005. Across Middle East, North Africa, Afghanistan & Pakistan the middle value was 100.0%, and Israel placed 1st highest of 22. Of 193 countries with 2024 data, 1st highest.

What share of people in Israel have safe drinking water?

The latest figure from WHO and UNICEF, for 2024, is 99.5%. No year since 2005 has been lower. Across Middle East, North Africa, Afghanistan & Pakistan the middle value was 89.0%, and Israel placed 3rd highest of 17. World rank, highest first: 22nd of 134.

What share of people in Israel have safe sanitation?

The latest figure from WHO and UNICEF, for 2024, is 97.2%. That is the highest since at least 2005. Across Middle East, North Africa, Afghanistan & Pakistan the middle value was 79.8%, and Israel placed 5th highest of 17. Of 134 countries with 2024 data, 16th highest.

What share of homes in Israel cook with clean fuels?

In 2024, the share of people using clean cooking fuels in Israel was 100.0%, according to the WHO. No year since 2005 has been higher. It is 1st highest of 22 in Middle East, North Africa, Afghanistan & Pakistan, where the median is 99.5%. Of 192 countries with 2024 data, 1st highest.