36% of the assessors surveyed expect prices to rise over the next year.
98% of the 100 assessors who attended a Discount Mortgage Bank conference yesterday do not expect a substantial drop in home prices over the next 12 months, and 36% expect prices to rise.
68% of the assessors predict that prices for luxury homes will fall over the next 12 months, a quarter of whom expect prices to fall sharply.
70% of the assessors predict that home sales will fall over the next 12 months, and 18% expect an increase. 95% of the assessors expect a drop in purchases of apartments for investment purposes.
Published by Globes [online], Israel business news - www.globes-online.com - on June 29, 2011
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