Rates have been climbing since the U.S. company entered the Israeli market in 2013
The severe downturn in the market was evidenced this month in the absence of the housing fairs aimed at foreign buyers that typically occur in August
Residents are angry over a large tent-like structure which extends across the street, covering both sidewalks, and was built illegally without a permit
Israel's government is counting on overseas companies to accelerate the pace of housing construction
New legislation guarantees minimum standards and lets tenant deduct repair costs if the landlord fails to make them
Legislation now goes to the full Knesset, but landlords won't be required to offer long-term contracts without price hikes
Agricultural Ministry report criticizes policy of fast-tracking residential building
Analysts say tax on multiple-home owners wont survive repeat vote in the Knesset - and if it goes down, prices will go up
TheMarker reported that Netanyahu and Finance Minister Kahlon decided to agree to the freeze two months ago, but kept it quiet in order to not upset right-wing coalition members
Illegal construction is much more prevalent in Arab communities, and when Netanyahu and Kahlon agreed to the freeze they kept it quiet for fear that their right-wing coalition partner would raise a hue and cry
Figures provided further evidence that Israel's overheated residential real estate market is finally cooling
Prices dropped 0.5% in December and then increased by 0.5% in January and February put together
Marks second decision against religious developer, which was fined earlier for anti-Mizrahi ad
The luxury rental market has slumped over the past year, with overseas clients particularly thin on the ground
Governor Karnit Flug says tax windfall should be used to boost governments low levels of education, infrastructure spending.
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.
Long-term plan program sees 1.5 million new homes being built by 2040.
MK Stav Shaffir submitted the bill last July, but it has made slow progress through various parliamentary committees and stages.
Figures from 2016 had indicated a several-year high in unsold apartments. Apparently that figure may not be accurate.
The Housing Ministry says the two firms failed due diligence checks made after permits were awarded in October.