Real Estate

Israel's Consumer Price Index rose 0.6% in March, higher than expected, while apartment prices rose for the third consecutive month.

In February 2024, 7,490 homes were sold, according to the Central Bureau of Statistics, up 27.4% from February 2023.

A selection of recent real estate deals in Israel in Tel Aviv, Or Yehuda, Elad, Pardes Hana-Karkur, Nof Hagalil and Beersheva.

The new home market is resurgent, but purchases of secondhand homes are stagnant, and mortgage loans are still below the multi-year average.

With demand down and supply up as Airbnb apartments are released for long term rentals, Tel Aviv landlords are struggling to find tenants.

A selection of recent real estate deals in Israel in Beit Shemesh, Tel Aviv, Holon, Beer Yaakov, Ashdod and Atlit.

The Israel Tax Authority has begun to receive property ownership information from the Land Registry.

The Bank of Israel report says damage to GDP from the decline in the industry, which is mainly caused by a continuing severe shortage of workers, could reach 1.35%.

A selection of recent real estate deals in Israel in Netanya, Beer Yaakov, Rehovot, Southern Coastal Plain (Hashfela), Kiryat Motzkin, Migdal Ha'Emek, and Omer.

As Mobileye inaugurates its NIS 1 billion Jerusalem campus, "Globes" looks at the growing trend, in which Israel's big companies are preferring campuses to office towers.

Jerusalem has overtaken Tel Aviv in building starts and the number of new apartments sold, the Central Bureau of Statistics reports.

A selection of recent real estate deals in Israel in Givatayim, Bat Yam, Rishon Lezion, Ramat Hasharon, Gan Yavne and Katzrin.

The former minister of interior and minister of justice enjoyed remuneration of NIS 1.53 million in 2023 from Kardan Real Estate.

Despite heavy losses, the total salary cost of the seven senior executives of Alony Hetz in 2023 was about NIS 45 million.

At the beginning of the war, the government approved the import of 65,000 construction workers, but only a trickle has arrived.

Low taxation and cheap real estate have made nearby Cyprus an attractive destination for Israeli investment, with many Israelis moving there.