Israel - Building Completions

Israel: Building Completions

Mnemonic HCMP.IISR
Unit #, SA
Adjustments Seasonally Adjusted
Quarterly 14.21 %
Data 2022 Q3 12,363
2022 Q2 14,411

Series Information

Source Central Bureau of Statistics - Israel
Release Starts & Completions
Frequency Quarterly
Start Date 3/31/1995
End Date 9/30/2022

Israel: Real Estate

Reference Last Previous Units Frequency
House Price Index Oct 2022 567.6 565.9 Index 1993=100, NSA Monthly
Building Completions 2022 Q3 12,363 14,411 #, SA Quarterly
House Price Value for Existing Homes 2017 Q4 1,442 1,495 Ths. ILS, NSA Quarterly

Release Information

The Construction industry includes activities related to construction of buildings, civil engineering, and specialized construction activities.

Construction area: The sum of the area of all floors of the building. The area is measured between the outer surfaces of the walls. In multi-dwelling buildings it includes the common spaces.

Stage of construction: The main stages of construction are: construction permit, construction begun, active construction, and construction completed.

Construction completed: The time that construction of a building is finished, or the time that at least half of the area starts to be used (whichever is earlier).

Construction begun: Beginning the digging of the foundations of a building.

Building under active construction: A building in the process of active construction. Excluding buildings whose construction was halted.

Construction purpose: The purpose for which a building was constructed: residential, or non-residential - for accommodation, for commerce and business services, for manufacturing and for agriculture, as well as public buildings. Residential construction: Construction of buildings and additions intended for residential use. Includes: construction of hostels, sheltered housing, and boarding schools.

Non-residential construction: Construction of buildings and additions intended for accommodation, for commerce and business services, for manufacturing and for agriculture as well as construction of public buildings.

Residential building: A building in which at least half of the area is intended for residential purposes.

Dwelling: A room or a suite of rooms and service areas in a permanent building, or in a structurally separated part thereof that has been built, rebuilt, or converted for residential purposes. A dwelling has access to a street (direct or via a garden or other area) or to a common space within the building (staircase, passage, gallery, etc.).

Data is subject to revision

For more information, please visit the Central Bureau of Statistics for Israel at