Breaking Update

Bank of Israel: Rent Premiums Spiked During War With Iran

The Bank of Israel reported on Wednesday that rent premiums surged significantly during the 12 days of war with Iran. According to the ...

Pesach Benson Breaking News

Jerusalem, 16 July, 2025 (TPS-IL) — The Bank of Israel reported on Wednesday that rent premiums surged significantly during the 12 days of war with Iran.

According to the Bank’s analysis, advertised rents were roughly 4 percentage points higher at the end of 2024 compared to early 2023. In contrast, apartment purchase premiums temporarily spiked after the outbreak of the war with Hamas in October 2023 — but then dropped from 8.1% to 6.2% on average.

The study suggests renters are more responsive to security concerns due to shorter commitments, while buyers may expect postwar recovery.

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Pesach Benson