Effect of VAT Increase: Record numbers in apartment sales in December
Exclusive to the Real Estate Center: Following the ceasefire in the north and just before the VAT hike, Israelis rushed to sales offices. According to...
Category: Market News
Finance Ministry: Apartment transaction volumes in the north rebound to pre-war levels
Data from the Ministry of Finance reveals that approximately 22,000 apartments were sold in the free market during Q3 2024—a 4% increase from the previous...
2024 in the ultra-luxury real estate market: fewer deals, lower prices, yet one tower still commands astronomical prices
The luxury residential real estate market wraps up a challenging year, heavily impacted by the war. Jerusalem claimed the two highest-priced transactions of the year—the...
Collapse: In two years, construction rate in Israel dropped by 20%
58,500 apartments began construction in the past 12 months, reflecting a 10% decrease compared to the previous year and marking the first annual figure in...
Ministry of Housing to publish tender mandating implementation of innovative construction methods in Israel
This was revealed today (Wednesday) by a senior official from the Ministry of Construction and Housing during a construction innovation conference in Tel Aviv. According...
Apartment prices rose another half percent to an annual increase rate of 6.7%
The annual increase in apartment prices stands at 6.7%. The index fell by 0.4%, according to the Central Bureau of Statistics. The sharpest increase was...
Record apartment purchase transactions in Jerusalem, the highest unsold apartment inventory in Tel Aviv
More than 1,600 apartment purchase transactions were signed in Jerusalem between August and October, leading both the new and second-hand apartment markets, according to CBS...
6% drop in prices for apartments without a safe room: The impact of rocket attacks on the second-hand market
While the proportion of apartments with a safe room (MAMAD) in Israel is 38%, during 2024, their share of second-hand transactions ranged between 53% and...
Market Update: Israeli real estate amidst uncertainty, fear, and resilience
The Israeli real estate market is navigating a complex and volatile landscape as the ongoing war and geopolitical instability shape the country’s economic outlook. The...
Breaking the index: Beit Shemesh and Bat Yam lead increases in apartment prices in recent years
A “Real Estate Center” analysis reveals that in the past seven years, the price of an average four-room apartment in Beit Shemesh has surged by...