Rental prices have increased in the housing market, with the most significant rises seen in Jerusalem and Haifa. Despite these increases, rental costs across the country have decreased by 2.5% over the past month. The biggest decrease was recorded in Ashkelon at 3.3%, followed by Tel Aviv-Jaffa at 3.1%, Holon at 2.7%, Rishon Lezion at 1.4%, Beersheba at 0.7%, and Ashdod at 0.4%.
The supply in the real estate market has decreased by an average of 11.3% from February to March, according to mako.co.il. More apartments for rent have appeared in cities in the center of the country, possibly due to the introduction of apartments intended for tourists now being offered on the regular rental market, which is shifting supply trends and influencing rental prices and availability in various areas
