Comparing the prices of transactions in the housing market made in May 2021 - June 2021, compared with the prices of transactions made in April 2021 - May 2021, it was found that housing prices increased by 0.6%, thus completing a 7.7% increase in housing prices compared to the same period last year. - June 2020. This is according to data from the Central Bureau of Statistics.
In the segmentation of changes in apartment prices by district, in May 2021 - June 2021, compared with April 2021 - May 2021, price increases were found in the following districts: Northern District with an increase of 1.5%, Southern District with an increase of 1.0%, Central District with an increase of 0.9 Haifa District with an increase of 0.6% and Tel Aviv with an increase of 0.2%.
In contrast, the Jerusalem District recorded a decrease of 0.3%.
In the segmentation of changes in apartment prices by district compared to the corresponding period last year, May 2021 - June 2021 compared to May 2020 - June 2020, price increases were recorded in all districts: North with an increase of 11.6 percent, Jerusalem with an increase of 7.2 percent, Tel Aviv with an increase of 7.1 In the Southern District there was an increase of 7.0%, in Haifa there was an increase of 6.8% and in the center there was an increase of 6.6%.
In the price index of new dwellings, it was found that their prices increased in May 2021 - June 2021 compared to April 2021 - May 2021 by 3.2%, thus completing an increase of 9.2% compared to the corresponding period last year, ie May 2020 - June 2020. Percentage of transactions supported by government Constitutes 19.9% compared to 24.1% in the previous period, ie April 2021 - May 2021. The national average price of a transaction for the purchase of an apartment in the second quarter of 2021 was NIS 1,653.1 million.
In the previous quarter, the average price was NIS 1,704.9 million.
As for the Consumer Price Index, the Consumer Price Index increased by 0.4% in July 2021. The Consumer Price Index of the Central Bureau of Statistics also shows that there were significant price increases in transportation items with an increase of 1.6% and culture and entertainment with an increase of 0.9%.
Meanwhile, significant price declines were recorded in clothing and footwear items with a decrease of 4.7% and vegetables and fruits with a decrease of 0.7%. Since the beginning of the year, the consumer price index has risen by 2.0% and in the last twelve months, ie in July 2021 compared to July 2020, the consumer price index has risen by 1.9%.