New Apartment Sales in Israel Rose 16.6% in First Half of 2013

All areas of Israel register increase in new apartment sales except the south; number of new units placed on market declines 6.2% compared to same period last year.

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Sales of new apartments rose 16.6% across Israel in the first seven months this year compared to the same period last year, reaching 14,470 apartments sold, according to a Central Bureau of Statistics survey...