Real house price index in select countries in MEA 2010-2024, by quarter
In 2024, Israel was the country with the highest inflation-adjusted increase in house prices since 2010 among the Middle Eastern and African countries under observation. In the first quarter of the year, the real house price index in Israel exceeded 182 index points, suggesting that, adjusted for inflation, house prices grew 82 percent since 2010, the baseline year when the index value was set to 100. According to the nominal house price index, which does not adjust for the effects of inflation, the price increase was higher.
