24.04.2012                      02.Ijar. 5772                    Tag 17 des Omer

Wirtschaft:

Israel housing prices rising 3rd-fastest in world

Prices fall 1.2% in 2011 but social justice protest fail to make significant dent in prices; global housing prices continue to fall around the world.

Despite the recent social justice protests, Israel has held on to its spot as the third-hottest housing market in the world, according to a survey by CNBC, based on data from real estate agents Knight Frank. The survey found that housing prices in Israel jumped more than 21percent in 2009 and16% in 2010.
Israel ranked third with a five-year growth of 54.5%, bumping Singapore into fourth place with five-year growth of 50.5%, but well behind China in top spot with five-year growth of 110.9% and Hong Kong in second place with growth of 93.7%….