Housing Starts in Israel Grew in First Half of 2015, but Slumped in Last Six Months

Overall, there were 47,700 new housing units last year, 3.9% more than 2014 - but number of housing units completed last year fell by 2.8% to 43,400 units.

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While the government has set a goal of boosting housing supply in order to drive down housing prices, newly released data give the government mixed marks in its efforts. During the second half of last year,...