diff --git a/CHANGELOG.md b/CHANGELOG.md
index d6c1c6b37c..62476eef9d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Svelte changelog
 
+## 1.23.2
+
+* Fix if blocks being recreated on update ([#665](https://github.com/sveltejs/svelte/issues/665))
+
 ## 1.23.1
 
 * Fix each-else blocks that are empty on initial render ([#662](https://github.com/sveltejs/svelte/issues/662))
diff --git a/package.json b/package.json
index a770b568e3..039b53c6a4 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "svelte",
-  "version": "1.23.1",
+  "version": "1.23.2",
   "description": "The magical disappearing UI framework",
   "main": "compiler/svelte.js",
   "files": [