The pandemic has led some suburban sellers to reconsider and stay put. (As of July 14, Israel had 38,015 confirmed cases of Covid-19, and 357 deaths, according to the World Health Organization.) A four-room apartment in Israel currently costs an average of 1.48 million shekels ($430,000), said Ms. Fleshler, citing Central Bureau of Statistics data. In Israel’s three most populous cities — Jerusalem, Tel Aviv and Haifa — the average apartment prices are 2.14 million shekels ($620,000), 3.14 million shekels ($900,000), and 1.57 million shekels ($450,000), she said. Initially marketed as second homes, the five- and six-bedroom houses are now being considered as primary residences for about $700,000.

Source: International New York Times July 15, 2020 13:30 UTC