Of the top 10 cities ranked, five of them were in the US, two were in Japan, two were in Israel and one was in the UAE (Dubai).
The purchase tax exemption threshold applicable from January 16, 2022 to January 15, 2023 has been raised to NIS 1,805,545 from NIS 1,747,865.
Housing prices have risen 7.2% in the past year, according to the Central Bureau of Statistics, and show no sign of slowing.
Israel is ranked No. 37 in the world in the JLL Global Real Estate Transparency Index.
A survey conducted by CBRE Israel in the income-producing real-estate market shows that about 12 large companies are currently in negotiations to rent more than 100,000 sq.m. of office space.
The coronavirus pandemic has seen people turn to more conservative areas of investment.
The unique seaside community continues to attract Israeli high society has not reached its full real-estate potential.
Prices of seaside apartments are generally quite expensive, but there are still reasonable alternatives to the pricey apartments in Tel Aviv and surrounding areas.
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