With a monthly price increase of 2% and an annual increase of over 16%, Israel’s real estate market continues to break records. Prices are soaring, despite the fact that the number of total transactions has gradually decreased since December 2021. Since then, the number of investment purchases has dropped by 33%. According to the Housing...

April saw tourists return to Israel en mass bringing their numbers close to pre-Covid levels as the country celebrated the Passover holiday. By the end of the month the number of Ukrainian refugees to arrive in Israel since the Russian invasion of Ukraine hit 24,000 — approximately a third of whom are Jewish. Meanwhile, the...

As Russia’s invasion of Ukraine intensifies, gas prices reach all-time record highs, and inflation increases the already exorbitantly high cost of living in Israel, home sales continue at a rapid rate and prices rise as local buyers and foreign investors fear being closed out of the market. The following is a selection of real estate...

The Israeli government had hoped that increasing the purchase tax for investors would moderate the demand for apartments and the rise in real estate prices, but so far, both are only getting worse. The number of new properties sold in January 2022 was 20% higher than in January 2021, and apartment prices jumped by 13%...

As residential real estate in Israel continues to be a popular investment choice and prices remain higher than ever, Buyitinisrael set out to investigate the yields that investors can expect to see.  While in the southern city of Be’er Sheva,  investors can enjoy a return of 4%, in the central city of Tel Aviv, they...

Ask any real estate agent in Israel about the current housing market and you’ll hear that there are plenty of interested buyers, but few serious vendors and properties to sell. Developers, on the other hand, tell us that demand for new construction remains higher than ever and sales continue at an unprecedented rate. Despite this,...

Latest data on the Israeli housing market indicates that huge demand for apartments in 2021 led to the breaking of all-time records for new home sales. In Tel Aviv and Ashkelon, the largest number of new apartments ever recorded were purchased, more than 4,000 in each city, while in Jerusalem, 2,900 new apartments were purchased....

In recent decades, the city with the longest coastline in Israel has become a favorite destination for foreign residents and new immigrants. Over the past year, there has been a sharp rise in prices for real estate in Netanya, most notably in Ir Yamim, a neighborhood of luxury residential towers located near the sea. However,...

January saw a steady stream of real estate transactions as Covid raged throughout Israel (yes, the Buyitinisrael staff had it too!), record rain, snow, and low temperatures were recorded, and earthquakes off Cyprus were felt in Israel. The borders have reopened and foreign buyers are back, buying up homes at a rate that hasn’t been...

While November saw record home sales as investors and foreign buyers eagerly closed deals before Mas Rechisha was raised for their transactions, December was a busy month too, although considerably less than the previous month. Before the minimum Purchase Tax (Mas Rechisha) applied to a second residential apartment was raised from 5% to 8% at...