Real Estate

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

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

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.

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

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.

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

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

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

Israel's Consumer Price Index rose 0.6% in March, higher than expected, while apartment prices rose for the third consecutive month.

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

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

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

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

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

The Israel Tax Authority has begun to receive property ownership information from the Land Registry.

The Bank of Israel report says damage to GDP from the decline in the industry, which is mainly caused by a continuing severe shortage of workers, could reach 1.35%.