REAL ESTATE

Despite excess supply and falling demand, property owners are reluctant to lower prices.

A selection of recent real estate deals in Israel including in Holon, Modi'in, Caesarea, Zichron Yaakov, Yokneam Illit and Beesheva.

53 two-room apartments averaging 49 square meters in size at an average price of NIS 3.297 million have been bought in Midtown Jerusalem.

The company reports it has signed 120 contracts for apartments in Tel Aviv's Sde Dov worth an overall NIS 931 million out of the 480 apartments it is building.

The banks see mortgage lending totaling NIS 5-5.5 billion this month and next, assuming that the war does not escalate.

More homes have been sold in Beersheva than in Tel Aviv since October 7th but the decline is not because of the war.

A selection of recent real estate deals in Israel including in Jerusalem, Hadera, Upper Galilee, and Kiryat Motzkin.

A few months ago, new apartments for rent on the market were snapped up, but real estate brokers now report that landlords must cut rents.

The request to the Tel Aviv District Court reveals that the company has run up heavy debts of NIS 2.7 billion.

The bank has raised its assessment of risk in the construction and real estate sector, and says prices are falling faster than official figures indicate.

The large urban renewal high-rise plan is on the city's eastern border with Ramat Gan.

A selection of recent real estate deals in Israel including in Efrat, Bat Yam, Kiryat Shmona, Nahariya, and Kiryat Bialik.

With anti-Semitic incidents soaring in Western Europe and North America, the Jewish Agency reports interest rising in immigrating to Israel.

Last month's Consumer Price Index was in line with expectations while housing prices ended five consecutive months of declines.

Israel's real estate market, already in a slowdown, has ground to a halt, but companies are confident sales are set to resume.

A selection of recent real estate deals in Israel including in Tel Aviv, Or Yehuda, Alfei Menashe, Yavne, Gan Yavne and Beersheva.

Hanon will have 500 housing units and 1,800 residents.

The WeWork co-founder believes that the shared workspace company's restructuring can succeed "with a suitable team and the right strategy."

A selection of recent real estate deals in Israel including in Shoham, Kiryat Haim, Kiryat Shmona, Ashkelon, Gaza border region, and Mitzpe Ramon.

According to a report in "The Wall Street Journal", the loss-making shared workspace company intends to file a petition in New Jersey next week.

Jerusalem Municipality has reduced bureaucratic obstacles and sped up planning procedures to support developers.

A selection of recent real estate deals in Israel including in Bat Yam, Rehovot, Ashdod, Harish, Nahariya, and Kiryat Malakhi.

Built in 1926 in the eclectic style, the house, which has a preservation order, was sold to a couple who divide their time between Tel Aviv and London.

A tender has been issued for an underground data center in the former copper mine near Eilat, powered by a solar park above.

The law firm, which is replacing IBM, has also extended its lease for 10,600 square meters in the round Azrieli Tower for another 10 years.

Houses with gardens are a section of the Israeli real estate market that are not in the doldrums.

A selection of recent real estate deals in Israel including in Jerusalem, Tel Aviv Herzliya, Modi'in and Haifa.

Housing rents in Israel have climbed 10.2% since the start of 2022, the Central Bureau of Statistics reports, but rises vary from city to city.

The number of housing building starts in Israel in the second quarter of 2023 was the lowest since the Covid lockdown in 2020, Central Bureau of Statistics reports.

The UBS Global Real Estate Bubble Index 2023 says that rising inflation and interest rates have led to a sharp decline in imbalances in Tel Aviv's housing market.