The latest figures indicate that the middle class is dropping out of the homes market, while the luxury end remains strong.
New homes in Israel could cost as much as 10% more than the contract price because of the sharp rise in the index.
"Globes" examines the impact of Azrieli's Spiral Tower, Landmark, ToHa 2 and Beyond Towers, which are adding 862,000 square meters of space to the market.
The plan calls for construction up to 40 floors at the International Convention Center, with a 200-room hotel alongside a sheltered housing project.
The Israeli businessman is exercising options that will give him an 18% stake in the Israeli income-producing real estate company.
A selection of recent real estate deals in Israel in Tel Aviv, Kfar Saba, Yavne, Pardes-Hanna-Karkur, Tirat Carmel and Ashkelon.
Apartments sold and rented