Category: Market News

Alongside the curbing of home prices in Israel, developers have started to significantly reduce the volume of construction and are cutting back on the purchase of land – with unsuccessful auctions even in high-demand areas. The concern is that on the day that homebuyers return to the market, there will be an insufficient supply of...

During January, we saw a change in trend that many have been anticipating when the latest housing price index published indicated a slowdown in the rate of price increases. We have not yet seen a drop in prices across the board — the index shows that there actually was a moderate overall increase of 0.3%,...

The sharp surge in interest rates has succeeded in halting the price increases in the Israeli housing market, and the most recent home price index indicates the beginning of a change in trend. This is particularly true of the new home market, where prices have fallen by 2.4%. In which areas can you now enjoy...

During December, the Israel real estate market continued to behave in the enigmatic manner that has characterized it for the past six months, with a  particularly low number of transactions while home prices continue to rise. For the first time since 2010, the annual rate of increase has crossed the 20% mark. Last month, the...

KKL-JNF recently contacted thousands of people whose apartments in the city center are built on church land, informing them that it has decided to extend the lease agreement that is due to expire in less than 30 years, with a privately-owned company Nayot, which holds the rights. However, there is still no information on the...

A slowdown in the Israeli housing market continued in November, with a number of transactions tens of percent lower than in the same period last year. This slowdown is likely to worsen in the coming period, as the Bank of Israel announced a further increase of 0.5% in the interest rate, which currently stands at...

The city of Beit Shemesh, adjacent to Jerusalem, has grown at a wild pace and seen its population increase by 63% within a decade – the fastest growth rate among Israel’s major cities. Two huge plans are currently being recommended to ensure that this rate of growth continues. But there is still a lingering question...

According to data published by the Ministry of Finance, since the outbreak of Covid-19, Jerusalem’s popularity among foreign residents has taken off, as more than half of the apartments recently purchased by them have been in this area. At the same time, interest in Tel Aviv, which in the past was a significant focus area...

With the festivities and distractions over the High Holidays, the uncertainty of the incoming government, another rise in interest rates, signs of an oncoming recession, and a constant increase in antisemitism, fewer homes were sold during the month of October, yet prices seem to be hovering, and in some areas, even rising. The following is...

According to the Swiss Bank, an 18% increase in prices within a year has greatly distanced the level of home prices from the earning capacity of local residents and significantly increased the chances of a real estate bubble in the city. It was also found that in Tel Aviv, the ratio of the price of...