Main Points:
  • A significant increase was found in the residential secure room (RSR) premium in the asking price in rental listings, compared with its level prior to the war. Most of the increase began in May 2024, after the first missile attack from Iran.
  • There was a temporary rise in the premium in home prices following the outbreak of the war, but it quickly reverted to, and perhaps even fell below, its prewar level. This finding is based on both transaction prices for actual home purchases and the asking prices in home sale listings.
  • A preliminary examination of the impact of Operation Rising Lion indicates a certain increase in the RSR premium in both home prices and rental rates, though at this stage, its statistical significance is unclear and requires ongoing monitoring as additional data become available.

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