War Repercussions: Many Developers Are Already Being Sued for Delivery Delays
Amid the ongoing war, more and more buyers are suing for compensation due to delivery delays. Attorney Efrat Reshef explains the similarities between the emerging...
Category: Market News
How Will the Israeli-Hamas Ceasefire Impact Israel’s Housing Market?
The Israeli-Hamas ceasefire that went into effect yesterday marks a pivotal moment for Israel, providing a measure of relief after close to two years of...
Housing Prices Continue to Rise: Annual Increase Hits 8%
Housing prices in the Tel Aviv District rose 1.2% last month, while overall prices rose 0.6% monthly. The construction input index climbed another 0.3%, marking...
Supply at a Peak: The Number of Unsold New Housing Units Exceeded 70,000 for the First Time in November
According to the CBS, 7,190 apartments were sold in November 2024, 3,040 of them new. The Central District leads in sales, followed by the South....
New Leader Emerges in Quality of Life Rankings for Major Cities in Israel
According to a survey by the Central Bureau of Statistics (CBS), Herzliya has the highest quality of life indices, which examined residents’ satisfaction in 18...
Record-Breaking Sale: Four sea-view apartments in Netanya fetch NIS 16 million
The sea-view apartments in Netanya, featuring 4-5 rooms, are part of the Nof HaTayelet neighborhood project developed by Levinstein and Magil. Over the past two...
Effect of VAT Increase: Record numbers in apartment sales in December
Exclusive to the Real Estate Center: Following the ceasefire in the north and just before the VAT hike, Israelis rushed to sales offices. According to...
Finance Ministry: Apartment transaction volumes in the north rebound to pre-war levels
Data from the Ministry of Finance reveals that approximately 22,000 apartments were sold in the free market during Q3 2024—a 4% increase from the previous...
2024 in the ultra-luxury real estate market: fewer deals, lower prices, yet one tower still commands astronomical prices
The luxury residential real estate market wraps up a challenging year, heavily impacted by the war. Jerusalem claimed the two highest-priced transactions of the year—the...
Collapse: In two years, construction rate in Israel dropped by 20%
58,500 apartments began construction in the past 12 months, reflecting a 10% decrease compared to the previous year and marking the first annual figure in...