Sunday, January 30, 2011

Bank Leumi is predicting that home prices in Israel, will rise by 5 to 10% in 2011

They claim that in spite of efforts to increase the supply of apartments, the bank believes that demand will still outstrip supply in the near future.
Furthermore, the bank expects the inventory of homes for sale to remain low and so will interest rates,this will reflect further price rises, although at a much more moderate rate than in the last few years.

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