Tel Aviv rent rises

Rents in most of Israel's large cities rose in August 2009 for the second consecutive month, after a brief hiatus. Second hand sales winwin reports that the average rent of a three-room apartment in Tel Aviv rose by 4.2% in August to NIS 4,485 per month, after rising 2.4% in July. The average rent of a three-room apartment in north Tel Aviv rose by 2.1% to NIS 4,950 per month.
The average rent of a two-room apartment in central Tel Aviv rose by 5.3% to NIS 3,800 per month in August. The average rent of a two-room apartment in north Tel Aviv rose by 4.1% to NIS 3,700 per month.