House prices and property demand are rising in Israel, fuelled by better-than-expected economic growth. In 2012, the average price of owner-occupied dwellings in Israel averaged $299,086.
There is a range in housing prices depending on area.
Tel Aviv has the country’s most expensive housing, with an average price of $516,056. Jerusalem is next, at around $411,534.
Source: globalpropertyguide.com
