Home Sales Drop 16% in July— Ofakim Leads New Homes Sales
In July, 8,140 homes were sold in Israel, according to data published by the Central Bureau of Statistics (CBS). This represents a 33.7% increase compared...
Category: Market News
Jerusalem Penthouse Breaks Record With 37 Million Shekel Sale
By Doron Breitman, Nadlan Center The penthouse – a seven-room, 272 sqm space on the eighth floor in the Geula neighborhood – was sold to...
Experts discuss extending mortgages to 40 years, potentially passing debt to heirs, as rental demand soars in Israel
The Israeli real estate market continues to show strong demand for rental housing, even as regulatory and permitting hurdles persist. This was the key message...
3 Times Higher Than Other Luxury Homes Nearby: Superstar Broker’s Villa in Tzahala Sells for Record Price This Year
The villa of luxury broker Rafi Kalina in North Tel Aviv, built on a 1.06-dunam lot — nearly double the neighborhood’s average size — has...
Drop of 24% in New Home Sales in Israel in Q1; Second-Hand Market on the Rise
While contractor sales plunged in the first quarter of the year, halting the sharp growth that characterized 2024, the second-hand housing market posted a 13%...
Population Authority: Around 47,000 Foreign Workers Have Entered Israel Since the War Began
Since the outbreak of the war, tens of thousands of foreign workers have entered Israel to address the severe labor shortage in the construction sector,...
Over 120 Church Land Homeowners in Jerusalem Sign Urban Renewal Agreements
More than 120 apartment owners on church land in Jerusalem have already signed preliminary agreements with Extell, owned by American billionaire Gary Barnett, to promote...
Apartment Prices in Israel: Tel Aviv Surges, Rishon and Netanya Drop
According to the CBS data for Q2 2025, the average apartment price in Israel fell by 3.3% compared to the previous quarter, standing at NIS...
Housing Ministry Invites Foreign Construction Firms to Join Contractor Registry
The Ministry of Construction and Housing has issued a call for foreign construction companies to join Israel’s official contractor registry. Eligible companies will need to...
Rent Prices in Israel Jump 4.3%: Central Region Soars, North Remains Affordable
The Central Bureau of Statistics (CBS) published data for the second quarter of 2025: the average rent in Israel reached 4,878 shekels. Tel Aviv is...