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Israel: Signs show mixed picture on state of Israel’s housing market

Posted on 12 February 2013

Officials at the Bank of Israel remain concerned about the potential of a renewed spike in housing prices due to the decline in the number of residential building starts, and the continued pace at which mortgage lending is proceeding.
Some 102,000 homes were sold in Israel last year. This was 18% more than in 2011, but a longer term comparison shows that the increase was less significant, since home sales in 2011 were dampened by that summer’s social protest movement………………………………………..Full Article: Source


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