| From Globes.co.il: Housing prices continued to slide in most of the world's markets during the first quarter of 2009, with some notable exceptions, one of which was Israel, according to a survey by "Global Property Guide".
Housing prices in Israel in the first quarter were 5.52% higher than in the corresponding quarter of 2008 and 2.87% higher than in the fourth quarter of 2008. Israel had the best-performing housing market in the first three months of 2009 among the markets surveyed.......Full Article: Source
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