Israel House Price Index
Israel's House Price Index decreased by 0.7% to 597 points in August 2025 from 601 points in July 2025. This is the lowest index level since November 2024. The decline is attributed to the Bank of Israel's tight monetary policy which kept interest rates at 4.5% for an extended period. Higher mortgage costs reduced housing demand. Geopolitical uncertainties and a weaker GDP growth forecast for 2025 also contributed to decreased investment and consumer confidence impacting the real estate market. Israel's record low House Price Index was 368.3 points in July 2015 and record high was 609.8 points in February 2025.
Monthly Historical Data (2015-2025)
(in points)Israel House Price Index : Definition
The Israel house price index quantifies shifts in the valuation of residential real estate within Israel. Its computation involves tracking the average price of a representative set of housing units over time, commonly sourced from property transaction records and mortgage data. This metric illustrates the direction and magnitude of housing market price movements.