The state issued the first land tender for the new neighborhood which will be built on the grounds of the former Sde Dov Airport near the beach in North Tel Aviv. Developers paid a record NIS 4.4 billion – close to around NIS 3 million just for the land on which each apartment will be...

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...

In a record high, about 20% of the 31,000 apartments purchased in Israel in the first quarter of 2021 were purchased by investors. An analysis by the Ministry of Finance indicates that almost 40% of real estate investors are public employees, 17% work in the finance industry, and only 11% in hi-tech. While there was...

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...

The Israeli housing market continues to break records. During May alone, an all-time high of more than 5,300 new apartments were purchased. As demand for apartments in Israel has continuously climbed, real estate prices skyrocketed by 7.2% over the past year, and the rate of increase shows absolutely no signs of slowing down.  According to...

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...

According to the Israel Housing Price Index published last week, real estate prices in Israel have risen by 1% in the past month and 4.6% in the last six months. In May, homebuyers took out NIS 9.5 billion in mortgages – an all-time high. In the first four months of 2021, more than 15,000 new...

Experts in the housing market estimate that the wave of anti-Semitic incidents sweeping Europe and North America will lead to an increase in demand for apartments in Israel from foreign residents. The last major military confrontation between Israel and Hamas in 2014 led to a sharp rise in apartment purchases, in particular by French Jewry....

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...

Earlier this month, Jaffa, Lod, Haifa, and other mixed Jewish-Arab cities across Israel saw violent clashes between local Jewish and Arab residents that left dozens injured. Now that the riots are over, the housing market may have a hard time recovering. In Lod, however, where the worst violence took place, some interested buyers may actually...