After an announcement, made at the beginning of the month, that the Purchase Tax on a second residential apartment would increase to 8%, investors and foreign buyers rushed to close deals before the law came into effect on November 28. According to the proposal made by Finance Minister Avigdor Lieberman, Interior Minister Ayelet Shaked, and...

October was a busy month in the real estate business — with the holidays behind us, the winter on its way, and little sign of Corona. As home prices continue to rise and purchase tax was expected to be increased for investors, buyers scrambled to close deals. The following is a selection of real estate...

The month of September came and went like flash lightning. After an unusual summer with little international travel, few incoming tourists, and many parents homebound with quarantined children, most kids went back to school only for a few days before the high holidays arrived, almost unexpectedly. There was little energy to view properties and little...

Last month was not the typical August in Israel: Tourist levels were at an all-time low, infection levels hit record highs, Israeli travellers spent days on end in quarantine upon return from abroad, and families with young children were forced to test regularly and limit their activities. As we enter the Holiday season, we mourn...

As the Delta variant rages across the world, the Government has scrambled to slow down the spread of the virus in Israel using various means: Visitors from numerous countries have been banned; passengers from many places have been forced to quarantine upon arrival, even when fully vaccinated; and an aggressive campaign to give all 60-year...

June was a month that saw the aftermath of a major miltary operation, a change of government and a taste of Corona-free life in Israel. Historically, one of the busiest months for real estate deals as homebuyers seeks to move during the summer months, June of this year was no different. The following is a...

May was quite a month in Israel with the festive holiday of Shavuot, rioting that started in Jerusalem and culminated in Jerusalemites running for shelter on Yom Yerushalayim, and thousands of rockets sent by Hamas to the entire country from Eilat to the Golan Heights. Jews in Israel and around the world saw unprecedented levels...

The economy has reopened, kids are back at school, masks have been removed in outdoor places, and hope abounds that Corona is finally behind us. With that, homebuyers are rushing to buy homes like there’s no tomorrow. Israeli agents relay stories of buyers that are paying asking prices with no negotiations, closing deals without inspections...

March was an eventful month in Israel. With almost 60% of the population vaccinated, the economy reopened and citizens rushed back to restaurants, malls, theatres, and sporting events. Last week, voters returned to the polling for the country’s fourth parliamentary elections in two years, and the seven-day holiday of Passover began.  Despite all the action,...

February was a short month, there was a national lockdown and a three-day Purim, yet real estate business continued as usual. Check out the deals that were closed around the country— follow Mabat Ha’Shuk to get a glimpse of what’s happening in the Israeli housing market. The following is a selection of real estate deals that...