Israeli housing prices show largest increase in the world – Israel’s position is more than double the closest runners up – Switzerland, which saw a 165% increase; and Germany, where housing prices rose 162%. | Israel21c

According to research from the website Money.co.uk, Israeli housing prices increased 345.7 percent over the last decade. That’s the largest increase of any country in the world.
Prices per square meter in Israel rose from $2,145 in 2010 to $9,560 in 2020. That’s not just keeping up with inflation, which rose by only 0.92% during the same period. And it definitely isn’t in keeping with the last decade’s 17.5% rise in wages.