Israel Housing Price Index: The National Trend Behind Tel Aviv Prices
Israel’s official national dwelling-price index stood at 593 points in April 2026 — it fell 1% month-over-month and was down 2% year-over-year, leaving it 2.8% below its January 2025 peak. It is a national series, cited here to frame our Tel Aviv figures.
What this index is — and what it is not
The figure above is the Israel Central Bureau of Statistics’ “Prices of Dwellings” index, the country’s official monthly gauge of home-price movements across all of Israel. It is an index number rather than a shekel price, so it is read as percentage change over time, not as what an apartment costs. We reproduce the published series — 120 monthly readings from May 2016 to April 2026 — to give national context to our own Tel Aviv data. It is not Tel Aviv-specific and not computed by us: for Tel Aviv-Yafo we publish separate figures from our tracked listings, each with its sample size and month. National and local trends can diverge, so treat this page as the backdrop, not the local number.
The latest reading, April 2026
As of April 2026 the national index reads 593 points. Month-over-month it fell 1%, and against the same month a year earlier it was down 2%. Momentum has cooled: 4 of the last six months posted a month-over-month decline. The index peaked at 609.8 points in January 2025; 15 months on it sits 2.8% below that high. Set against the long run, the picture is very different — the index is +51.6% above its May 2016 level of 391.1, over roughly 9.9 years.
National dwelling-price index, last 12 months
The most recent twelve official readings, newest first. Percentage columns are the CBS-published month-over-month and year-over-year changes for each point.
| Month | Index | m/m | y/y |
|---|---|---|---|
| April 2026 | 593 | -1% | -2% |
| March 2026 | 599 | -0.4% | -1.4% |
| February 2026 | 601.4 | +0.3% | -1.2% |
| January 2026 | 599.6 | -0.1% | -1.7% |
| December 2025 | 600.2 | -0.1% | -1% |
| November 2025 | 600.8 | +0.8% | +0.3% |
| October 2025 | 596 | +0.6% | -0.1% |
| September 2025 | 593 | -0.7% | -0.1% |
| August 2025 | 597.2 | -0.6% | +0.8% |
| July 2025 | 600.8 | -0.2% | +1.3% |
| June 2025 | 602 | -0.1% | +1.7% |
| May 2025 | 602.6 | -0.4% | +2.6% |
Source: Israel Central Bureau of Statistics — Prices of Dwellings index (index 40010), national series, 120 monthly readings May 2016–April 2026. Reproduced to frame our Tel Aviv figures; not computed by us.
What it means for a Tel Aviv buyer
A national index that has drifted lower for several months, while still far above its decade-ago level, is the backdrop most foreign buyers are asking about — but it is not the Tel Aviv number. Tel Aviv-Yafo is the most expensive market in the country and moves on its own supply, demand, and neighborhood mix. For the local picture, use our tracked-listings data: Tel Aviv property prices for median asking prices, price per square metre by neighborhood for the ₪/sqm league table and the asking-vs-closed spread, and days on market for how long listings stay up. Financing matters too: higher mortgage rates weigh on what buyers can pay — see mortgages for non-residents. And if the question behind the trend is really should I buy now or wait, we read this index alongside the other timing signals on is now a good time to buy in Tel Aviv?
Frequently asked questions
Are house prices in Israel going up or down in 2026?
On the latest official reading (April 2026), Israel's national dwelling-price index fell 1% from the prior month and was down 2% versus a year earlier, at 593 index points. It sits 2.8% below its January 2025 peak, and 4 of the last six months showed a month-over-month decline — a softening national trend, published by the Central Bureau of Statistics.
What is the CBS dwelling-price index?
It is the Israel Central Bureau of Statistics' official "Prices of Dwellings" index — a national monthly measure of home-price movements across all of Israel. It is an index number, not a shekel price: changes are read as percentages between months and years. We reproduce its published points (120 monthly readings, 2016-05 to 2026-04); we do not compute it.
When did Israeli housing prices peak?
On this series the index peaked at 609.8 points in January 2025. As of April 2026 it stands at 593, 2.8% below that peak — 15 months on. That is a national figure; individual cities and neighborhoods can and do move differently.
How much have Israeli home prices risen over the last decade?
From 391.1 points in May 2016 to 593 in April 2026, the national index is +51.6% over about 9.9 years — a large long-run gain that frames why affordability is stretched, even as the most recent readings have edged lower.
Does this national index tell me Tel Aviv prices?
No. This is a national series for all of Israel and is context only. For Tel Aviv-specific figures we publish our own tracked-listings data — median asking prices, ₪/sqm by neighborhood, and the asking-vs-closed spread — each with its sample size (n) and month. See our Tel Aviv property prices and price-per-square-metre pages.
Where this fits in the market data
This national index is context that frames The Tel Aviv Property Report Index — our own Tel Aviv figures from tracked asking listings and the government transaction registry. Start at the market data hub, and see exactly how we collect, join, and gate every Tel Aviv number on the methodology page.
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