Jerusalem leads in housing starts but more needed
Prices rise in Haredi neighborhoods, remain steady in non-religious areas; most building in Ramot, Har Homa and Pisgat Ze’ev.
Jerusalem, the largest city in Israel, is also the most dynamic from a real estate perspective. The city is almost always in a close competition with Tel Aviv for the most housing starts - and even won in 2013 with 3,432 starts, compared to only 1,873 in Tel Aviv. At the same time, the Jerusalem local planning and building committee approved permits for another 2,668 new housing units,...
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