Rising mortgage rates put an end to the boom in Tel Aviv home prices, which tripled over the past two decades at the fastest rate among 25 major cities, UBS real estate index says

Prices of fresh produce, transportation, entertainment, rent increase; drop seen in costs for clothing, footwear, furniture

With just 6,912 units sold, Finance Ministry review determines total lowest for July since economic recession during 2002 intifada; first-time home purchases recover slightly

In the Deloitte Property Index of European residential housing markets, Tel Aviv replaced Paris as the costliest city to buy a square meter of apartment in 2022

Price drops on fresh produce, clothes and furniture outweigh hikes elsewhere, matching trends around the world as higher interest rates smother spending

The only way is up, experts say. Falling prices in the residential market are unlikely to become a long-term trend even if home sales are currently at record lows

For the first time in nine months, Israel posts a budget deficit of NIS 300 million, or 0.01% of GDP, due partly to a 43% drop in revenue from real estate taxes, says Treasury

Central Bureau of Statistics says consumer price index rose by 0.4% in March over the previous month, but sees real estate costs dropping 0.2% as interest rates go up

Bank of Israel says to increase tax on housing and cut it on land zoned for business and commerce to help encourage residential construction

Political correspondent Tal Schneider discusses latest political brouhaha and cultural storms as real estate writer Danielle Nagler talks housing prices and where to live in Israel