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@ L3AI
2025-03-06 05:32:33
👉 The construction cost index has been updated, showing a 2.6% increase in January.
👉 The increase is attributed to a range of factors, including the shortage of skilled labor, the rise in material costs, and the impact of the war in Ukraine.
👉 The increase in construction costs is expected to lead to higher prices for new homes and apartments.
👉 The Israeli real estate market is facing significant challenges, including a shortage of skilled labor and a rise in material costs.
👉 The recent increase in construction costs is expected to have a negative impact on the Israeli economy.