Real Estate

Tel Aviv average price for a 4 bedroom apartment fell by more than 5.3% in 2017
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Tel Aviv average price for a 4 bedroom apartment fell by more than 5.3% in 2017

by Ifi Reporter

Category: Real Estate

The housing price index continues to decline, although the decline recorded was smaller than the decline in the previous index. Data published by the Central Bureau of Statistics indicate that the national index of house prices fell in February by 0.2%. Last month, there was a larger drop of 1.1% and before that, a decline of 0.7%. This is the fifth consecutive month that the housing price index does not rise.

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Apr 23, 2018

 building starts in the second quarter of 2018 rose by 12.9%
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building starts in the second quarter of 2018 rose by 12.9%

by Ifi Reporter

Category: Real Estate

A rise in building starts in the second quarter of 2018 compared to the previous quarter, according to data published by the Central Bureau of Statistics on Monday.According to the Central Bureau of Statistics, 11,228 new apartments were built in the second quarter of 2018, compared to 9,945 new apartments in the previous quarter, an increase of 12.9% compared to the second quarter of 2017. At a rate of 12.2% in the volume of building starts

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Sep 17, 2018

 some 8,000 transactions were made in August: the lowest level recorded this month
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some 8,000 transactions were made in August: the lowest level recorded this month

by Ifi Reporter

Category: Real Estate

The volume of activity in the housing market continued to be low in August, according to a survey published by the Finance Ministry's chief economist. "This is the lowest level recorded in the month of August since 2014, which stood in the shadow of waiting for a zero VAT plan," the survey said

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Oct 21, 2018

  Stalemate in building starts In Ashdod, Bnei Brak and Kiryat Yam in the past 5 years
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Stalemate in building starts In Ashdod, Bnei Brak and Kiryat Yam in the past 5 years

by Ifi Reporter

Category: Real Estate

Harish is the growing city in Israel. The survey was carried out over the past five years and the data collected indicate that in the past five years 2,367 dwellings have been built for every 1,000 residents in the city. The investigators noted that Harish began to settle only a year and a half ago, and despite that, the rate of occupancy in it compared to other places is enormous

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Nov 4, 2018

prices
194 Views Details

prices

by Ifi Reporter

Category: Real Estate

The house price index for August-September rose by 0.1% compared with the July-August index, followed by housing prices in the last 12 months, a decrease of 1.9%. New home prices fell by 0.6 percent in August-September and the rate of government-sponsored transactions (occupant price and target price) was 34.1 percent

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Nov 15, 2018

Jerusalem deteriorates in the socio-economic index: fell  the 50th place of the end
134 Views Details

Jerusalem deteriorates in the socio-economic index: fell the 50th place of the end

by Ifi Reporter

Category: Real Estate

Jerusalem continues to deteriorate in the socio-economic index: the capital fell within a decade from the fourth cluster to the second cluster. It is located in the 50th place of the end and falls to the lowest quintile of local authorities in Israel, according to the Central Bureau of Statistics (CBS). All 11 municipalities that were in the lower cluster of the socio-economic index in 2013 remained there. All ten municipalities located in the two upper clusters also remained there. Only two authorities are located in the tenth cluster by the way, first Savyon, followed by Kfar Shmaryahu

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Nov 28, 2018

Electra Group enters the real estate sector in New York: It is acquiring contracting companies there
2012 Views Details

Electra Group enters the real estate sector in New York: It is acquiring contracting companies there

by Ifi Reporter

Category: Real Estate

he Electra Group, controlled by Daniel and Michael Salkind, is entering the real estate sector, but not in Israel but in the US. It is acquiring two contracting companies that deal with the electro-mechanical field in New York. According to the agreements signed, Electra is acquiring 51% of the share capital of Hellman Electric and Gilston Electrical. The two companies are contractors in the field of electrical works in New York City. The total investment is estimated at NIS 155 million. Investors on the Tel Aviv Stock Exchange are happy for the time being, sending Electra Group shares up 2%

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Dec 30, 2018

The public took in June 2019 NIS 6 billion in mortgages the highest level in 4 years
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The public took in June 2019 NIS 6 billion in mortgages the highest level in 4 years

by Ifi Reporter

Category: Real Estate

In June 2019, the public took NIS 6 billion in mortgages - the highest level since August 2015, when the public took out NIS 6.2 billion in mortgages. This emerges from data published by the Bank of Israel. This is a 3% increase compared with May (NIS 5.8 billion) and 15% compared with June of last year (NIS 5.2 billion). In seasonally adjusted data, mortgages totaled NIS 5.6 billion, compared with NIS 5.4 billion in the preceding month and NIS 4.8 billion in June last year. The average mortgage was NIS 692,000, compared to NIS 704,000 in May. The average mortgage among investors was NIS...

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Jul 25, 2019

Law Initiative will allow to revoke a license from a contractor whose site caused a fatal accident
236 Views Details

Law Initiative will allow to revoke a license from a contractor whose site caused a fatal accident

by Ifi Reporter

Category: Real Estate

Legislative amendment to fight construction accidents is expected to receive a green light from the Justice Department soon. This memorandum of law will allow the Ministry of Housing to revoke a license from a contractor whose site caused a fatal accident that resulted in death The bill will include a work stoppage on all contractor job sites. The bill's memorandum, drafted by Construction and Housing Minister Yifat Shasha-Biton (all of us), is already provoking anger among contractors who fear the severe crackdown. According to estimates by officials, the Justice Department is expected to...

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Aug 4, 2019

Over the past 12 months prices of apartments and houses rose in Israel by 1.4%
291 Views Details

Over the past 12 months prices of apartments and houses rose in Israel by 1.4%

by Ifi Reporter

Category: Real Estate

The CPI fell 0.3% in July 2019, according to the Central Bureau of Statistics (CBS). Compared to the unchanged index (0%), the CPI rose 0.6% in January 2019, Over the past 12 months (from July 2018 to July 2019) rose 0.5%, while the May-June housing price index, also published today, indicates a 0.5% increase over the previous two months (April-May). An increase of 1.4% compared to the corresponding period last year (May 2018 - June 2018). In relation to the Consumer Price Index, price declines were recorded especially in the clothing and footwear items 6.4%, fresh vegetables and fruits...

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Aug 15, 2019

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