At the peak of the economic crisis, home prices in Israel are once again increasing. After a few years of hovering around the same rates, trends reveal an increase of more than 2% in the last quarter of 2020. Housing prices in the Jerusalem district, which includes Bet Shemesh, have gone up by 5% in...

The Covid crisis has affected the luxury property market in Israel, leading to a significant decrease in the number of homes purchased for more than NIS 10 million in the three main luxury locations in the country: Tel Aviv, Jerusalem, and Herzliya. However, the two most expensive homes in Israel’s history were also bought in...

As Israel’s third lockdown continues, house viewings, closings, and everything else that is required toward purchasing a home is more complicated than ever. Despite this, English-speaking agents around the country have reported multiple real estate deals that have closed in Israel since the beginning of the new year. Follow Mabat Ha’Shuk to get a glimpse...

It may be hard to believe, but from March to November 2020, there was a 17.5% jump in the number of new apartments sold in Israel, compared to the corresponding period in 2019. This surprising statistic is partly driven by a significant increase in apartments purchased for investment purposes. As a result of the steep...

Despite a quasi-lockdown, the holiday of Chanuka, and another lockdown, many deals, of all different sizes, closed around the country as the year 2020 came to a close. The following is a selection of real estate deals that took place during the month of December 2020. The idea is to give our readers a general idea...

Going to the polls for the fourth time in two years will likely have a significant impact on the Israeli residential real estate market. The political instability increases the chances that the housing prices will continue to rise while making it more difficult than usual for the government to respond. Additionally, a major reform that...

While a large number of restrictions were raised during November following the High Holiday lockdown, the country is still nowhere near back to normal. Many schoolchildren are still learning remotely from home; most malls are closed; and theatres, event-halls, and gyms remain shuttered with no end in sight. Yet, real estate deals are continuing to...

Contrary to initial estimates that rent would drop due to the economic crisis brought on by Covid-19, the Central Bureau of Statistics (CBS) published surprising data indicating a steady rise in rental prices in Israel. The cities of Tel Aviv and Ashdod are leading the trend, with an average increase of 3.5% in rental prices...

New construction in the center of Modi’in recently drew attention to the rapidly growing city, established just 25 years ago between Jerusalem and Tel Aviv. The project attracted an onslaught of eager contractors, one of whom ultimately paid a record price for a slice of Modi’in real estate. Israelis once saw Modi’in as a sleepy...

For the past six weeks, the Israeli public has been severely restricted in their movement. Many stores and businesses have been forced to shutter, and real estate agents in Israel have not been permitted to show properties. Yet, despite the limitations and rules of conduct, deals have closed throughout the country as home-buyers and investors...