Tel Aviv has been ranked the eighth most stable real estate market in the world, with property prices dropping by over 10% in the past two years while rents increased. The study focused on rent prices for 1-bedroom apartments in city centers and surrounding areas, as well as apartment purchase prices per square meter. Buenos Aires ranked first due to strong demand for property ownership and a nearly 15% drop in rent prices. San Francisco and Seattle were the only two US cities on the list, with rising rents and declining property prices. The study highlights the importance of monitoring both rent and purchase price stability for long-term investment opportunities.
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Original article source: https://www.jpost.com/real-estate/article-837586
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