While the economy attempts to recover from the negative effects of Covid-19, the Israeli housing market shows positive signs, including an increase in demand for apartments, as well as a slight rise in the price of apartments. The latest price index, published on Friday by the Central Bureau of Statistics, indicates a slight increase of...

According to the Bank of Israel’s Financial Stability Report, which analyzes the level of stability of the various economic sectors in the first half of 2020, housing prices in Israel are expected to fall in the coming months as a result of the devastating effects that COVID-19 has had on the job market, and the...

Israel Tax Authority has published new thresholds for Mas Rechisha according to the Central Bureau of Statistics Prices of Dwellings Index for 2019. Mas Rechisha is an acquisition tax, or purchase tax, that a buyer is obligated to pay upon purchasing real estate in Israel. Once a contract is signed, a self-assessment must be filed with the Israel tax authorities, and paid in full, within 60 days.

Mabat Hashuk is a monthly feature on Buyitinisrael where we show a sample of real estate transactions in Israel that have taken place in the previous month. All data is collected from English-speaking real agents in Israel. The following is a selection of real estate transactions in Israel*. This gives our readers a general idea...

The coronavirus pandemic slowed down the Israeli property market, and drove home sales in Israel to a historical low point, according to data published on July 14 by the Ministry of Finance. Findings show that the number of apartment sales in Israel during May was the lowest number reported in the same month over the...

The following is a selection of real estate deals that have recently closed in Israel*. The idea is to give our readers a general idea of the market and activities taking place around the country. Jerusalem: A 3-room, ground-floor apartment with a 40 sqm balcony , located on Balfour Street, Talbieh, in an original Bauhaus...

Residential rental prices, in the center of Israel, are experiencing a slight decline but are expected to rise sharply in the coming year. Mechir Le’Mishtaken, the Government’s housing program offering first-time buyers discounts between 200-400,000 NIS on new apartments, has been cancelled. A new program for young couples has been initiated, however only for those...

The following is a selection of real estate deals that have recently closed in Israel*. The idea is to give our readers a general idea of the market and activities taking place around the country. Netanya: A 4-room apartment, 101 sqm located on floor 4 out of 7, with no balcony, on Rishon Lezion Street...

The newly released CBS housing price index shows that in March and April, the peak days of the COVID-19 epidemic, there was a 0.1% rise in housing prices and that overall housing prices in Israel rose 3.5% in the past year, despite an unexpected 0.3% drop in Israel’s Consumer Price Index and a 0.3% fall...

Home buyers have stopped visiting sales offices and construction companies are dealing with debt.  Yet, despite the turmoil that the housing market is going through as a result of the Coronavirus, developers would still prefer residential to hotels and commercial real estate. Are home prices are falling? Yes, but not for long. With huge debt...