Some 54,200 starts marked slight decline from 2015 and was well under 60,000 target.
Israel real estate
Overall inflation unchanged in February, statistics bureau says
A few years ago it was announced that 150,000 long-term rental units would be put up within a decade. Now it looks like 5,000 units will be an achievement.
Construction methods have hardly changed over the decades. Now Israeli tech companies are stepping into the void.
Agreement covers 300 million shekel debt of former Kardan controlling shareholder Joseph Grunfeld.
Long-term plan program sees 1.5 million new homes being built by 2040.
'Betterment tax grants' – that's the government's euphemism for what in practice is an exemption for the first nine months of the year from betterment taxes.
In a generally laudatory report on Israel’s economy, the agency warns about budget deficits.
MK Stav Shaffir submitted the bill last July, but it has made slow progress through various parliamentary committees and stages.
Israel’s high home prices and poor transportation system are part of a plan to increase the population in the settlements so as to obviate the two-state solution.