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REAL ESTATE

New construction in Israel credit: Shutterstock Housing prices rising despite high interest rates

Israeli government policy is pushing up housing prices rather than the war itself, with dwindling supply and reliance on lotteries for young couples.

Mortgage taking rises credit: Unsplash Mortgage taking in Israel at highest since 2022

Mortgage taking rose to NIS 7.8 billion in May 2024, according to initial figures released by the Bank of Israel today - the highest figure since September 2022.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Tel Aviv, Holon, Kadima-Tzoren, Alfei Menashe, Kiryat Motzkin and Ashkelon.

Bnei Brak's BBC district credit: Shutterstock Bnei Brak BBC high-rise to be built after dispute resolved

The 30-floor high-rise with 28,000 square meters of office space is worth at least NIS 400 million.

New construction in Israel credit: Shutterstock War pushes up housing prices in Israel

During the war, the need for reinforced security rooms in homes has increased significantly, and this can only be provided by new and second-hand apartments built in the last 20 years.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Tel Aviv, Ramat Gan, Hod Hasharon, Netanya, Ness Ziona, Afula and Dimona.

Discounted down payment offer on Tel Aviv project  credit: Dror Marmor Developers taking risks to buoy housing market

Buy now, pay later offers are proliferating: "People aren't really buying an apartment, but an option on an apartment."

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Jerusalem, Givatayim, Shoham, Modi'in, Modi'in Illit, Rehovot, and Tzfat.

431 railway line  credit: Anat Daniely Lev Road 1 to close nights next week to complete railway bridge

Work on the 431 railway bridge, originally set for one Shabbat, will now be carried out over at least four nights.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Tel Aviv, Herzliya, Modi'in, Kfar Yona, Nahariya, Beersheva and Dimona.

Dubnov Street parking lot  credit: Tamat Matsafi Israel Canada buys prime Tel Aviv site for NIS 443m

A 45-floor tower will be built on the site between Dubnov Street and Leonardo Da Vinci Street, which currently serves as a parking lot.

Dan Parness credit: Lenny Ben Bassat Carasso to build 3 towers on Tel Aviv head office site

Carasso plans building three towers of 41-48-floors each with 410 housing units including 144 affordable homes, as well as 111,500 square meters of office, commercial and hotel space.

Tel Aviv's planned Azrieli Spiral Tower Tel Aviv looks to the skies

In the coming decade, the current tallest buildings in Tel Aviv, Ramat Gan and Givatayim will be dwarfed by a new generation of high-rise developments.

New homes credit: Shutterstock New home sales in Israel up 21% in Q1

According to the Central Bureau of Statistics, 23,250 new homes were sold in the first quarter of 2024.

Residential construction in Ashkelon  credit: Shutterstock/Yuri Dondish April mortgage taking shows continuing recovery

Mortgage taking in April 2024 was 28% higher than in April 2023.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Tel Aviv, Givat Shmuel, Hod Hasharon, Ramla, Shlomi and Kiryat Malakhi.

Eurocom Tower credit: Canada Israel Miloslavsky Architects Ramat Gan approves 60-floor Eurocom Tower

The plan is being developed by Canada Israel in Ramat Gan's Rishonim neighborhood near the Diamond Exchange.

TechMod tech-park aims to transform Modi'in

At an investment of NIS 1.15 billion, the project will provide 10,000 jobs in a city where 75% of residents work elsewhere.

Tel Aviv IMI lot Hashalom Street credit: Dimitri Spector Central Tel Aviv lot fetches NIS 644m

The Israel Land Authority (ILA) auction for the Israel Military Industries (IMI) lot on Hashalom Street in central Tel Aviv has been won by Acro Real Estate and Kata Group.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Jerusalem, Tel Aviv, Shoham, Rekhasim, Upper Galilee and Ashkelon.

Israel construction site credit: Shutterstock 8,000 Palestinians furtively employed in Israeli construction

A senior source in Israel's construction industry insists that about 8,000 Palestinian workers from Judea and Samaria have recently been given permits to work in Israel with 8,000 more expected to enter soon.

Nathan Hetz  credit: Tamar Matsafi Alony Hetz posts further revaluation losses

The losses are mainly on properties held by subsidiaries in the US, as the office market there continues to be slow.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Ramat Gan, Holon, Mazkeret Batya, Afula, Kiryat Tivon and Lahavim.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Ramat Gan, Rehovot, Hod Hasharon, Hadera, Karmiel and Netivot.

New housing in Israel credit: Shutterstock Housing deals in Israel show signs of recovery

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

Israeli apartments Credit: Shutterstock Apartments sold and rented

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

Home loans   credit: Tali Bogdanovsky Mortgage loans back to pre-war level in March

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

Rani Zim  credit: Eyal Izhar Rani Zim pulls NIS 250m deal in face of investors' anger

Zim had proposed that Group Psagot should buy his stake in Rani Zim Shopping Centers. He controls both companies.

Tel Aviv rental apartment credit: Shutterstock Tel Aviv apartment rents falling

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

Israeli apartments Credit: Shutterstock Apartments sold and rented

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

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