
Eligible Buyers Turning Down Subsidized Apartments
Once the subsidized apartments program Mehir Lemishtaken are taken out of the equation for September 2018, it was the weakest in the housing market since 2002
Once the subsidized apartments program Mehir Lemishtaken are taken out of the equation for September 2018, it was the weakest in the housing market since 2002
The central district, which does not include Tel Aviv, is the only one where prices have increased over the past year
The Central Bureau of Statistics reveal that the pace of construction is at 44,000 units a year, 21% less than last year
Latest data show an 0.3% increase for June-July, putting the finance minister it difficult position politically
The increase is a blow to Finance Minister Moshe Kahlon’s boast that he and his ministry have pricked the housing bubble
Figures show 22% drop in new-home sales in the first half. Both housing starts, supply of unsold homes are falling
While they are still below their peak, as Moshe Kahlon noted, the CBS said they increased in March-April
Overall home sales show some pickup after three quarters of declines
Year-on-year drop of more than 20% threatens to deter new construction
Treasury’s chief economist says sales of homes continued their decline even as government’s centerpiece program for bringing cheaper homes to the market reached a record high for sales in February
The inventory of unsold homes is also on the decline and lower than the treasury thought
Statistics bureau says prices were down 1.2% in final quarter of 2017 and up just 2% for all of the year
Paul Reichmann heirs getting $160 million for luxury property
The government’s efforts to increase and supply and lower prices don’t seem to be working
The risk of Machir L’Mishtaken failing and early elections could spur a surge in demand
The U.S. company is reportedly seeking a warehouse and logistics center site, as well as a private sector courier to replace Israel Post
Kahlon has made bringing down home prices his key policy goal through measures like new and higher taxes on property investors and his Machir L’Mishtaken program to sell discounted land to contractors
Figures from the Finance Ministry, statistics bureau show double-digit declines
List includes cash payments, use of front men, involvement of a foreigner with no connection to Israel, using funds from a country that buyer has no connection to, and deals made for unrealistic prices
New rules give purchasers in Mechir Lemishtaken more flexibility
Inflation returned in August after two months of declines
Investors, however, remain strong presence in market, treasury report finds
Treasury charts 12% decline in residential sales from the same period in 2016, with new-home sales down 28%
Statistics bureau, treasury both sees slowdown in home sales in Israel over last year
Comes as another sign that high-flying housing market is dipping down
The statistics bureau said Monday prices had fallen for two months in a row, while unit sales have been sagging
A survey conducted among 450 property investors sheds light on the mood of those who own several properties in Israel
Some 54,200 starts marked slight decline from 2015 and was well under 60,000 target.
Overall inflation unchanged in February, statistics bureau says
Purchases of new apartments slow down as real estate sales continuing with trends started in 2016, according to Finance Ministry data.