Israel Faces End of Decade-Long Housing Boom
- Price of Israeli housing is still rising, but more slowly
- Social protests made housing costs a hot political issue
Tel Aviv skyline
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Housing prices in Israel have been rising for so long that many residents don’t remember what it’s like when they fall. They may be about to find out.
Signs are growing that Israel’s housing boom is sputtering, with fewer investors snapping up homes as mortgage rates rise. That hasn’t yet dented home values but it has slowed appreciation, suggesting that a 10-year trend that weighed heavily on homebuyers and policymakers may be reversing course.