Israeli Home Prices Rise 6.2% in 2015, Bringing 5-year Increase to About 30%

But Housing Ministry survey finds prices for new homes barely moved, while those for secondhand homes soared.

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Israeli home prices rose an average of 6.2% last year, bringing the average price nationwide to 1.42 million shekels ($365.7 million), an increase of about a third compared with five years ago, preliminary...