real estate israel

30,000 unsold apartments marketed by the state in 2023

Israel Land Authority: Out of around 93,500 apartments marketed to developers in 2023, only approximately 60,000 transactions were completed, a decrease of more than 33,000 compared to 2022.

Bank of Israel allows mortgage increase of NIS 200,000 for various purposes

The BOI offers temporary relief to borrowers, allowing them to increase their mortgage for debt relief or Merkhav Mugan (protected space) construction in old apartments.

Kiryat Shmona municipality appeals for youth retention assistance

Kiryat Shmona municipality requests assistance from the government's housing and finance ministers and the Israel Land Authority CEO to enable young families to remain in the city.

Apartment Lottery: Where's the best shot to win?

6th discount apartment lottery: 6,800 units in 16 cities. Kiryat Gat & Elad lead availability. Explore all cities here!

State introduces new regulations for eligibility for long-term rental housing

New regulations published for public comment introduce an income test and standardized lotteries for eligibility for long-term rental housing in Israel.

Registration for the next discount apartment lottery opens soon

Construction and Housing Ministry opens lottery registration. Priority: reservists & families of children with disabilities. Discover apartment allocation for eligible applicants.

Kiryat HaOmanim: Where art meets quality living

Kiryat Haomanim, Rishon Lezion's community-focused neighborhood, redefines modern living with green spaces and inclusive communities.

Sponsored 25/12/2023

Demand for apartments declines, construction starts fall by 15%

A recent report by the Ministry of Housing and Urban Development reveals a 15% drop in new construction starts, indicating a stagnation in the real estate market that affects both supply and demand.

Druze communities' booming expansion: Thousands of new apartments

Approval has been granted for 1,000 units in Dalit El Carmel's new neighborhood • Sumei town in Upper Galilee is also set to expand, welcoming 2,000 homes amid infrastructure enhancements

Future of rent: Success for long-term rental tender in Ramat Gan

Developers make a comeback in Azar Gardens - Ramat Gan, with a second tender for long-term rentals. Land prices increased by 25%, and Prashkovsky won the bid for 195 apartments.

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