property

Tel Aviv Apartment Prices Rise 3.8% as Annual Growth Slows

Central Bureau of Statistics data for the April-to-June period show slower momentum than the surge recorded twelve months earlier amid shifting regional conditions.

By Tel Aviv Property Desk · Published 8 July 2026

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Tel Aviv Apartment Prices Rise 3.8% as Annual Growth Slows — Storyblocks

Tel Aviv apartment prices increased 3.8 percent in the second quarter of 2026 compared with the first three months of the year, a pace well below the 12 percent jump recorded in the same quarter last year.

Regional tensions following US strikes on Iran have prompted some foreign buyers to pause larger purchases while local demand from tech workers and families remains steady. The slowdown in annual growth reflects higher borrowing costs that took effect in late 2025 and reduced investor activity in central districts.

Transactions in Neve Tzedek and along Rothschild Boulevard accounted for 22 percent of all deals logged by the Tel Aviv-Yafo Municipality planning office in the quarter. Developers completed 340 new units in those two areas between April and June, with average asking prices reaching 52,000 shekels per square meter.

The Central Bureau of Statistics report issued on July 2 listed the citywide median apartment price at 4.35 million shekels, up from 4.19 million shekels in the first quarter. Year-over-year the same metric rose from 3.88 million shekels, confirming the narrower growth band compared with the 14 percent annual increase posted in June 2025.

Buyer activity in Florentin and Jaffa Port

Smaller units under 70 square meters in Florentin drew the strongest interest, with 180 sales recorded against 210 in the same stretch of 2025. Near Jaffa Port, conversion projects tied to the municipality’s waterfront regeneration program added 95 apartments, most priced between 3.2 million and 3.8 million shekels.

Next steps for buyers and sellers

Prospective purchasers should compare listings on the Tel Aviv Stock Exchange real-estate portal before the next interest-rate decision expected in August. Sellers listing properties above 5 million shekels may need to adjust expectations given the narrower annual price band now in place.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.

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