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.

Pesach Benson

See Full Bio