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HomeRead, Watch, ListenIsrael
Israel

Tel Aviv has second highest prices in 2019 Euro city housing survey

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Published: 14 August 2020

Last updated: 4 March 2024

Research by accounting firm Deloitte found that only apartments in Paris were more expensive

Tel Aviv tops all but one European city in real estate prices in 2019 (Haaretz)

Tel Aviv was in second place among European cities for the cost of housing and Jerusalem was in the top 10 last year, a residential real estate survey conducted by the accounting firm Deloitte shows.

The Deloitte Property Index shows that the average cost of a home in Tel Aviv last year was 9,769 euros ($11,579) per square metre 2.5 times the average for the 67 European cities covered in the survey. In Jerusalem, it found, the price per square metre was 6,212 euros, although Haifa was a much lower 3,832. At 12,863 euros, only apartments in Paris were more expensive than in Tel Aviv.

Photo: Luxury apartment towers are seen in the Tel Aviv neighborhood of Park Tzameret (Miriam Alster/Flash90)
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