Real Estate

Israel Bank: The volume of mortgages taken out by home buyers in October dropped by 21%
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by Ifi Reporter

Category: Real Estate

The volume of mortgages taken out by home buyers in October dropped by 21% compared to September - according to data published today (Sunday) by the Bank of Israel. The banks marketed mortgages amounting to only NIS 6.089 billion, compared to NIS 7.7 billion in September. Compared to October 2021, this is a decrease of 43%

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Nov 13, 2022

Israel Railways renewed train traffic on Sunday - it was stopped due to a "signaling fault"
358 Views Details

by Ifi Reporter

Category: Real Estate

Israel Railways canceled train traffic on Saturday night due to a "national signaling fault". The train does not know how the malfunction was caused, and claims that there is no indication of a cyber attack or damage due to the stormy weather at the weekend. There may be disruptions in train traffic in the morning as well

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Nov 26, 2022

Business tourism in Israel: Companies doing mutual procurement could purchase hospitality services
297 Views Details

by Ifi Reporter

Category: Real Estate

The Authority for Industrial Cooperation in the Ministry of Economy and Industry, after a discussion with the Hotel Association and the Ministry of Tourism, decided on a pilot that would enable mutual procurement of international companies that won government tenders, also in the field of inbound business tourism. This means that international companies committed to mutual procurement in Israel will be able to purchase hospitality services in hotels as part of business tourism: conferences, seminars, corporate vacations, exhibitions, etc. The new outline may give a significant boost to...

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Dec 3, 2022

Fourth lottery of the "discounted apartment" program is underway: 7,000  units will be sold
374 Views Details

by Ifi Reporter

Category: Real Estate

The fourth lottery of the "discounted apartment" program is underway: the Ministry of Construction and Housing and the Israel Lands Authority (RMI) announced that another lottery, which includes about 7,000 discounted housing units throughout the country, will open at the end of the year (Wednesday, 12.28.22) and will be closed About a week and a half later, with the beginning of the new civil year (Sunday, January 8, 23). So far this year, about 21 thousand households have won the lotteries held as part of the program, which was promoted by the outgoing Minister of Construction and Housing...

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Dec 4, 2022

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