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Real Estate

Construction in Jerusalem  / Photo: Shutterstock, Shutterstock.com Home sales slump in Israel's biggest cities

The number of annual real estate deals has fallen in recent years in Jerusalem, Tel Aviv and Haifa, the Madlan website reports.

price gun  photo: Tamar Matzafi CPI unchanged in December, home prices still rising

Correction: Israel's Consumer Price Index rose by 0.6% in 2019, well below the government's 1%-3% target range for inflation.

Alfred Akirov Alfred Akirov mulls IPO for Swiss unit

Epic Suisse, which holds commercial centers, offices, and distribution centers, has a NIS 4.3 billion value.

South Glilot ILA pushing for 9,800 new homes in Glilot north Tel Aviv

Israel Land Authority (ILA) is asking that authority for the huge Glilot site plan be taken away from the Tel Aviv District Planning and Building Commission.

Tel Aviv hotels  / Photo: Eyal Fischer, Globes Tel Aviv plans 5,000 new hotel rooms in next 5 years

The Tel Aviv Hotel Association said that the city's 8,800 rooms had 76% occupancy in 2019 compared with 70% nationwide.

new apartments New home sales rose in 2019

More new homes were sold in the first eleven months of 2019 than in all of 2018, the Central Bureau of Statistics reports.

Ashdod seafront promenade Ashdod wants to compete with Tel Aviv for tourists

Ashdod plans 15 hotels with 4,000 rooms built in the coming decade for its seafront with cheaper prices for tourists than Tel Aviv.

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