The researchers found that, in relation to the reference countries, Israel is more expensive by 34% for the same basket of consumer products and services.
Around 101,000 households have registered for the upcoming lottery, with 4,633 set to receive winning notifications soon. Registration for the next lottery's eligibility certificates is now open.
Significant boost to the South: Israel Land Authority approves expansion of 'Afikei Nahal' neighborhood with 5,800 new apartments and extensive commercial and public spaces.
Hundreds of shekels cheaper each month: with Madlan's help, discover cities with top rental price drops in Israel since the war began. Please note that Herzliya is also on the list.
We can only hope that the prime minister and his new committee will use this opportunity to focus on seriously tackling the issue that clearly tops the national agenda for most Israelis.
The sides discussed the "urgent steps" necessary to fight the high cost of living.
According to Alex Zabezhinsky, the chief economist of Meitav Investment House, the government can't meet the budget deficit target.
Yaakov Kwint, director general of the Israel Land Authority: "The trend of falling apartment prices will continue in the coming months."
Unlike the US or Canada, where there is abundant affordable property for rentals, Israel is overcrowded and expensive. Over the last 15 years, the price of homes in Israel went up by 8% annually.
For young couples, the goal of buying an apartment is getting further and further away, and some are considering investing in real estate abroad.
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