Increase in New Home Sales in Tel Aviv, 9,000 Still on the Market
Tel Aviv new home sales increased by 17.7% while Jerusalem saw a 13% decline in new apartment sales from October 2024 to January 2025, according...
Category: Market News
The National Economic Council: Housing Demand for Non-Haredi Jews to Decline in Coming Decades
The strategic housing plan for 2050, published this week by the National Economic Council, predicts that while the number of housing units required annually for...
Average Rent in Israel Rises by Nearly 5%, with the Sharpest Increase in Kfar Saba and Hadera
On Friday, the Central Bureau of Statistics (CBS) published data on Israel’s average rent price for the fourth quarter of 2024 and the annual average....
Israel Home Prices Rise 7.3%, Construction Costs Up 5.3% – February 2025 Market Update
Home prices in Israel in 2025 continue their upward trend with average prices increasing by 7.3% year-on-year and rents rising nationwide. Tel Aviv and Haifa...
Surge in Home Sales Ahead of VAT Hike: Over 11,000 Apartments Purchased in December – A Three-Year Record
Data from the Ministry of Finance shows that December 2024 recorded an 85% increase in home sales compared to December 2023 and a 58% increase...
High Interest Rates and Balloon Loans Have Driven Profitability in the Residential Construction Sector Close to Zero
A report published this morning (Tuesday) by the Bank of Israel reveals that the ratio between net profit and sales revenue in the residential construction...
Record-Breaking Tax Revenues: 30% Surge in Real Estate Taxes Boosts Israel’s Income to 62.5 Billion Shekels
State revenues from real estate taxes in January 2025 amounted to approximately 1.7 billion shekels, with purchase tax revenues rising by 46%. The trapped profits...
New Hotel in Modi’in: Jacob Hotels Brings Luxury and Convenience to the Growing City
For years, Modi’in has been known primarily as a residential city for families seeking a high quality of life, excellent schools, and green surroundings. However,...
An 80% Drop in Two Years: How Rising Interest Rates Crushed Israel’s Long-Term Rental Model
In 2024, only 931 rental apartments were successfully marketed through ‘Dira LeHaskir’ tenders – just one-fifth of the volume in 2022, marking one of the...
The Market is Boiling: Record Transactions and Highest-Ever Average Mortgage
According to data from the Bank of Israel, December 2024 saw a 9.4% increase in the average mortgage size compared to the previous year, which...