Mysteries in the Israeli Residential Real Estate Market By Daniel Kupervaser, Herzliya Analysis and assessments of the Israeli residential real estate market have taken center stage in recent years within economic discourse among experts and in the national press. Every newspaper, television program, and internet portal dealing with the Israeli economy dedicates a special section to this market. A vast amount of data is disseminated through these channels, the vast majority of which originates from government institutions such as the Central Bureau of Statistics (CBS), the Chief Economist at the Ministry of Finance, and the Tax Authority. Despite the abundance of information presented to the public, several "black holes" and ambiguities seem to arise, making it difficult to understand the full picture and the processes at play. These are mysteries worth addressing. 1. The Mystery of Measuring Annual Real Estate Activity Every month, the CBS and the Chief Econ...
