The market figures
The Bank of Israel rate and mortgage interest rates, taken from the source and explained briefly — for anyone about to sign a lease or take a loan.
Bank of Israel rate drops from 4.5% to 3.25% in a year
The Bank of Israel rate stood at 4.5% a year ago. Today it is 3.25%. That matters directly if you are weighing a loan to cover a deposit or bank guarantee for a lease.…
ReadMortgage rates ease, but the gap between tracks holds
Anyone signing a mortgage today pays a bit less interest than a year ago, across all three main tracks. Cheaper is not the same as cheap. The fixed, non-indexed rate s…
ReadApartment prices ease nationally, but Jerusalem and the North rise
The national apartment price index fell 1.2% to 594.8 in June, but that number hides a much rougher picture underneath it. Two people signing a lease this month, one i…
ReadHome prices split by district: Jerusalem and the North rise as the Center falls 4%
Apartment prices are not moving together across Israel. The national index for owner-occupied housing eased 1.5%, to 593.6, and new-build prices fell 1.9%, to 538.5 - …
ReadFewer building starts, more completions: the pipeline is turning
What breaks ground and what gets finished are moving in opposite directions right now, and that gap decides how many new flats actually reach the market. Building star…
ReadHome completions surge as new building starts drop sharply
More apartments finished construction this month than before, while far fewer new projects broke ground. That mix matters if you are hunting for a rental right now. Co…
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Every note is written from readings published by the Bank of Israel, never taken from a news article. The date shown is that of the figure discussed.