More than 99,000 homes were sold last year in Israel (99,171, to be exact), according to a report by the Chief Economist of the Ministry of Finance.
The figure is 10.5 percent lower than it was in 2016, when 110,806 homes were sold.
However, consumers did not see a corresponding drop in prices; instead, according to the Central Bureau of Statistics, prices rose 2.4 percent in the 12-month period ending November 2017.
In December 2017, the number of homes sold (8,800) was down 20 percent from the same month a year earlier, the Chief Economist reported. And of those, 1,000 homes were part of the government Price Fixed Buyer program, according to Globes.