Nimrod Bousso

The 'delayed construction levy' is meant to add several thousand new homes in the short term and to push housing prices down.

Bank of Israel chief says home prices have risen more steeply in Israel than in any other country in the West.

Lag Ba’omer eve, which falls on Sunday this year, is traditionally celebrated by lighting bonfires mainly by children.

Young Israelis are increasingly snatching up residential property in the U.S. for investment, but experts urge caution.

Preliminary zoning approval also given to demolish old-age home in the upscale Tel Aviv suburb.

A study by the Organization for Economic Cooperation and Development finds that Israelis are among the most content people in the Western world, even though the country doesn't measure up to many other criteria.

Regional planning board approves 80-dunam construction plan submitted by Ofer Brothers; revised plan drew objections from city hall and environmentalists, who claimed shoreline should be set aside for the public.

Finance Ministry statistics show investors make up lowest proportion of transactions in the region since 2002.

Ministry cites fewer land sales, failed effort at affordable homes.

The Housing Ministry attributes the downwards trend to massive land sales by the state, but figures in the real estate industry say the data is dubious.

However, the CBS also found that the fourth quarter might indicate a turnaround in the trend, with 11,200 units begun in the final three months, for a 6% increase over the same quarter in 2011.

‘Prestigious Glilot quarter’ comes with strings attached.

Fed up with wild parties, homeowners sue neighbors they say rent their homes for weekends of debauchery.

First Netanyahu offered outgoing Communications Minister Moshe Kahlon the Finance portfolio, but he declined, say Likud sources.

New housing units up for sale has been slowly but quite steadily shrinking.

Fees, which can reach 6% to 8% of home's value, risk putting borrowers even deeper in the financial hole.

The percentage of Arab women in the labor force has doubled since 1970 but only 20.5% hold jobs today.

The army recently vacated the 159-meter long strip, but the beachfront can't be used until remaining unexploded munitions are disposed of.

Real estate prices in Tel Aviv increased 71% between 2000 and 2011.

Education Minister's house is up for NIS 6.6 million.

In the past four years, home prices have risen by tens of percent, and in places like Hadera, they have soared 100%.