Real Estate

Recovery in Real Estate Amidst Market Shifts - February Transactions Show Promising Signs
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In a report released today by the Chief Economist Division of the Ministry of Finance, February's real estate transactions depict a nuanced picture of recovery, particularly in the new apartment market. Despite challenges posed by the ongoing war, the data suggests a gradual rebound in certain segments of the housing sector

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Apr 11, 2024

 Apartment Sales Surge: April Sees 13% Dip in Apartment Sales But Market Shows Resilience
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Data released by the Central Bureau of Statistics (CBS) reveals a robust performance in Israel's real estate sector, with April witnessing a notable surge in apartment sales despite a seasonal slowdown attributed to the Passover holiday. While the month recorded 6,892 apartment sales, marking a 13% decline from March figures, analysts assert that when adjusted for seasonal effects, April actually witnessed a 3.7% increase in sales compared to the previous month. Market Adaptation to New Interest Rates Spurs Growth A stark contrast is drawn to April 2023, where only 3,863 apartments...

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Jun 13, 2024

Mortgage Market Sees Strong Growth in August Despite Economic Uncertainty
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The Israeli mortgage market continued its upward trend in August, with total mortgages reaching NIS 8.36 billion, according to Calcalist estimates. This marks a 19.2% increase compared to August 2023 and a 32% rise compared to the 12-month average of NIS 6.32 billion

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Sep 10, 2024

Controversy Over Minister's Demand to Cancel Professor's Participation in Archaeology Conference
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The 49th Israeli Archaeology Conference, which was set to bring together 80 researchers from across the country, has been postponed indefinitely following political pressure from Heritage Minister Amichai Eliyahu of the far-right Otzma Yehudit party. Eliyahu demanded the cancellation of Prof. Rafi Greenberg’s participation, citing his critical stance on archaeological excavations in the West Bank and East Jerusalem, which he argues dispossess Palestinians of their land

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Apr 2, 2025

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