Urban renewal in Jerusalem leads to unprecedented levels of construction
The Municipality of Jerusalem ended 2023 with the issuance of permits for the construction of 7,500 new housing units – a record number that is...
Tag: Jerusalem
A gamechanger for foreign buyers as the dollar strengthens against the shekel
The strengthening of the dollar, along with a drop in demand for apartments among local buyers and the beginning of a decline in prices, creates...
Significant drop in the volume of new residential construction, in particular in the Jerusalem area
Fifteen thousand new residential units began construction in the first quarter of 2023, compared with around twenty thousand in the corresponding quarter of 2022. However,...
How much does it cost to buy an apartment in Jerusalem?
Which Jerusalem neighborhood is the most expensive, which is the cheapest, and what is the level of demand in each neighborhood? A special following Yom...
New mega deal intensifies uncertainty for thousands of Jerusalem residents on church land
Jewish-American businessman and real estate tycoon Gary Barnett purchased the land from Nayot Komemiyut for NIS 750 million, almost five times the price that was...
Good news for thousands of Jerusalem residents: KKL-JNF to extend the lease for Church-owned land in Jerusalem
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...
After record-breaking growth in the past decade, there’s no stopping Ramat Beit Shemesh
The city of Beit Shemesh, adjacent to Jerusalem, has grown at a wild pace and seen its population increase by 63% within a decade –...
Purchasing behavior of foreign residents has changed with more off-plan transactions and record interest in Jerusalem real estate, Tzafed, and Kiryat Malachi
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...
Tisha b’Av 5782: Only five real estate deals recorded in the Old City of Jerusalem during past year
Between the Western Wall and the Cardo, there are several thousand residents who live in the area, leading a normal routine that comprises work, study,...
Rebuilding Jerusalem speedily in our days: The capital’s population is expected to reach 1.5 million within twenty years
During an urban renewal conference in Jerusalem this month, Mayor Moshe Leon revealed plans to expand construction in the city to 10,000 apartments a year...