Statistics bureau, treasury both sees slowdown in home sales in Israel over last year
Comes as another sign that high-flying housing market is dipping down
The statistics bureau said Monday prices had fallen for two months in a row, while unit sales have been sagging
A survey conducted among 450 property investors sheds light on the mood of those who own several properties in Israel
Some 54,200 starts marked slight decline from 2015 and was well under 60,000 target.
Overall inflation unchanged in February, statistics bureau says
Purchases of new apartments slow down as real estate sales continuing with trends started in 2016, according to Finance Ministry data.
One of the biggest issues facing the potential development has been the pollution at the site, which for years housed the Israel Military Industries' factories.
Posting a 1.2% decline, the drop may point to cooling market.
Long-term plan program sees 1.5 million new homes being built by 2040.