Average price of a 4-room apartment in Tel Aviv close to 5 million NIS, and in Be’er Sheva only 1.3 million NIS
The average price of an apartment in Israel reached 2.24 million NIS in the third quarter of this year, a 7% increase compared to the...
Israel real estate news and market updates.
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Israel home prices drop 0.1% after nine consecutive months of increases
According to the Central Bureau of Statistics (CBS), Israel home prices have risen by 6.1% over the past year. The Consumer Price Index (CPI) jumped...
Aesthetic vs. Functionality: What to know when designing an Airbnb apartment in Israel
Unlike a vacation home the owner uses, a rental vacation apartment, typically listed on Airbnb, often emphasizes aesthetics, sometimes at the expense of functionality. This...
Moving to Beit Shemesh: Record foreign purchases in over two years for September
In September, 254 apartments were purchased by foreign residents—the highest monthly figure since July 2022. Notably, 87 of these purchases were in Beit Shemesh, surpassing...
What to ask before signing an off-plan purchase agreement
I often compare the excitement and fear clients feel when purchasing their first home in Israel “on paper” to that of first-time parents bringing their...
Tax Authority: Parents of a disabled person are eligible for a discounted purchase tax for buying an additional apartment, provided it is used by the disabled person
The tax relief published by the Tax Authority includes an option for parents of a minor to purchase an apartment in their name with a...
The dream of home ownership is slipping away: about a quarter of young adults live with parents; only 15% own a home
During a discussion held by the Knesset’s Young Adults Committee, data revealed that rental prices have surged by 57% over the past two decades. However,...
Purchasing a Home in Israel: 8 Steps to Start the Process
In the months following October 7, Israel’s real estate market experienced a temporary slowdown, but since then, interest from overseas buyers has surged. Many are...
Will the Metro reach Jerusalem? Planning Administration unveils initial designs; Costs estimated at up to 50 billion shekels
In a meeting of the Jerusalem District Committee, development scenarios for the city by 2050 were presented, with projections indicating a population increase to 1.8...
Investors return to the market: 45% increase in investment home purchases in Q2
Data from the Chief Economist at the Ministry of Finance indicate that in the second quarter of 2024, 23,556 homes were sold—a jump of 36.5%...