Report: Israel ninth in world housing price rise
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Israel’s residential real estate market in Israel is ranked ninth in the world, according to the magazine Global Property Guide. The newspaper surveyed the change in housing prices over the first quarter of the year in 42 countries. It said that prices in Israel rose by 6.34% in the first quarter of 2013, compared to the first quarter of 2012.
Heading the list are the United Arab Emirates, followed by Hong Kong, the US, Turkey, India, Brazil, New Zealand and Denmark. China closes out the top ten. (Einat Paz-Frankel, Calcalist)
