Home prices in Israel continued a slight downward trend in May, marking the third consecutive month of declines, though overall prices remain higher than a year ago. Despite ongoing conflict and economic uncertainty, demand for housing is still strong due to a persistent shortage, population growth, and foreign investment. Recent months have seen a slowdown in sales, with new apartment purchases dropping sharply and investor activity declining, partly influenced by new financing restrictions and concerns over security. Rental and sales data from major cities such as Tel Aviv, Jerusalem, Beit Shemesh, and Haifa show a range of prices and features, with many buyers now prioritizing private safe rooms in their homes.