Real Estate

 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
186 Views Details

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
186 Views Details

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
232 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
172 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
2315 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

Law Initiative will allow to revoke a license from a contractor whose site caused a fatal accident
272 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

last 12 months: 6.4% increase in the number of dwellings under construction
385 Views Details

last 12 months: 6.4% increase in the number of dwellings under construction

by Ifi Reporter

Category: Real Estate

Between July 2018 and June 2019, there was a 6.4% increase in the number of dwellings under construction, compared to the 12 months prior to the period under review. This is what data from the Central Bureau of Statistics (CBS) published. According to the figures, in the said year construction of 51,890 apartments began, compared with 48,750 apartments which began construction in the previous 12 months. The CBS survey shows that construction data also showed a slight increase of 2.1%: in the 12 months beginning in July 2018, construction of 50,380 apartments was completed, compared to...

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Sep 19, 2019

 Bank of Israel: Mortgages totaling NIS 50.5 billion were taken in the first nine months of 2019
397 Views Details

Bank of Israel: Mortgages totaling NIS 50.5 billion were taken in the first nine months of 2019

by Ifi Reporter

Category: Real Estate

NIS 50.5 billion the public took in mortgage banks in the first nine months of this year; This is an all-time high, and a figure that bypassed even the first three quarters of 2015, the year when the record of all-time home purchases was set. This is a direct product of the "Price to Housing" program, which has added NIS 4.7 billion in the last seven months to the volume of mortgages. The rate of mortgages taken for apartments purchased under the government operation is about 12% a month. NIS 5.7 billion was the volume of mortgages given in September; A decrease of about NIS 300 million...

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Oct 29, 2019

 A 50-year-old construction worker was killed in s site of the "Mashur Brothers"
235 Views Details

A 50-year-old construction worker was killed in s site of the "Mashur Brothers"

by Ifi Reporter

Category: Real Estate

A 50-year-old construction worker was killed at a construction site of the "Mashur Brothers Building & Development" in the city of Beit Shemesh. The worker fell from a few floors when he was working and a MDA paramedic ruled his death there. The slain is Sheriff Abdullah deportation from Hebron District

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Nov 4, 2019

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