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Despite the corona crisis, the closure and the High holidays, the number of transactions in September 2020 was among the highest recorded in September in the last twenty years, both in terms of total transactions and those made in the free market only. This is according to data from th chief economist at the Ministry of Finance. The numbers indicate that last September 9,600 apartments were purchased (including price-per-tenant apartments), unchanged from September 2019 and a decrease of 11% compared to the high level of transactions recorded in the previous month. These are particularly...

March data on new mortgages published today (Monday) by the Bank of Israel were another illustration of how hot the residential real estate market is. Amounted to NIS 22.3 billion - an increase of about 7% compared to the corresponding quarter in 2020. It is one of the strongest quarters in the mortgage market ever in the country. In addition, the volume of mortgages taken in the first quarter of 2021 is 44% higher than the rate of mortgages taken in the corresponding quarter in 2019

After the mandate for the formation of the government was given to chairman Yesh Atid Yair Lapid, Netanyahu's opponents are preparing for the implementation of the most complex stage to date - a real and public attempt to form a government and prevent a fifth election. From the moment the possibility of forming a government with Netanyahu was dropped, among other things in light of Smutrich's opposition to joining the government with RAAM and Gideon Saar's opposition to joining a government in which Netanyahu will serve as prime minister at some point, Naftali Bennett announced Wednesday...

In the third quarter of this year, Strauss reported a notable increase in sales, reaching NIS 2.67 billion, marking a 7.3% rise compared to the corresponding quarter. However, the company's profitability is under pressure, with a net profit of NIS 120 million, significantly lower than the NIS 204 million in the third quarter of 2021

Right-wing party chairman Naftali Bennett said today (Thursday) that a new government led by him and Yair Lapid is no longer an option and dropped out of the chapter. Meanwhile, the party's negotiating teams met today with Likud teams. Chairman Yesh Atid Yair Lapid, who has the mandate to form a government, commented on Bennett's decision and said that "I understand the distress, but he is wrong. Change is not made when comfortable. Whoever waits for the right moment will find that he will never come. Change is made when you believe it is the right thing to do. "Lapid added in a statement...

Over-planning, excess supply in the periphery and a severe shortage of apartments in areas where most Israelis want to live - these are the main problems arising from a follow-up report published by the National Economic Council in the Prime Minister's Office for the 2040-2017 strategic housing plan. According to the report, edited by Nir Brill, Daniel Schwartz, Avraham Zofnik, the most acute shortage among Jewish localities in Israel is in the heart of the demand areas - in the Tel Aviv and Central districts, where more than 70,000 housing units are missing. Last week by the Central...

Rafael Defense Systems will unveil a new missile from its anti-tank missile family, Spike, as part of the international security exhibition MSPO to be held this week in Kielce, Poland. According to a statement issued by the company, it is an ER-2 spike considered to be a 5th generation missile