Real Estate


Treasury: Home Sales Fall Sharply in November

Are the government’s policies to calm the real estate market finally having an effect? According to numbers released by the Finance Ministry’s chief economist Monday, there was a significant slowdown…

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Lawsuit: Third Apartment Tax Unfair, Unconstitutional

There are now two High Court lawsuits seeking to strike down the “third apartment tax,” which officially went into effect Sunday. After opposition parties last week filed a petition seeking…

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Average Home Worth NIS 1.65 Million

The average home in Israel is worth NIS 1.65 million, the Central Bureau of Statistics said in a report of end-of-year statistics. A total of 67.6 percent of Israeli families…

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Opposition Sues to Cancel Third Apartment Tax

After much Knesset debate and several near-misses, the “third apartment tax” is now law, having been approved last week as part of the Arrangements Law. But the last word is…

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Third Apartment Tax Readied for Knesset Legislation

After a long night of debate and discussion, the “third apartment tax” promoted by Finance Minister Moshe Kachlon was approved early Friday by the Knesset Finance Committee for its second…

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Kachlon’s Next Target: Apartments for Rent

After seeking to lower housing purchase prices for young couples, Finance Minister Moshe Kachlon’s next real-estate venture takes aim at rental apartments. New incentives authorized by Kachlon will, he hopes,…

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Fair Rental Bill Passes First Knesset Reading

A law that seeks to ensure that rental agreements are fair to both renters and homeowners has passed the its first Knesset reading. The law, sponsored by MK Stav Shafir…

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Study: Home Prices Still Rising

Despite ongoing efforts by Finance Minister Moshe Kahlon to halt, or at least reduce, the rate of real-estate appreciation in Israel, prices continue to rise. A report issued by the…

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14,000 New Homes Planned for Beit Shemesh

The Israel Lands Administration is set to sign a deal with the Beit Shemesh municipality which will see the construction of 14,000 new housing units in the city. The apartments…

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Modiin Mayor: No Chareidim in My Town, Please

While chareidi MKs have been trying to solve the housing crisis for their communities by seeking approval for developments in cities around the country, a large number of those cities…

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Flug: Housing Prices in Israel Not So Bad

Home prices in Israel have skyrocketed in recent years, but things aren’t as bad as they seem, Bank of Israel director Karnit Flug said at a conference on home prices.…

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New Home Sales Tumble 8.3 Percent, Numbers Show

Government efforts to dampen enthusiasm for real estate investments seems to be finally having an effect, according to data from the Central Bureau of Statistics. A total of 22,700 new…

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Contractors: Foreign Competition Not the Solution

Allowing foreign contractors to build projects in Israel is not the solution to the country’s housing crisis, according to Ronni Brik, director of the National Builders Organization. What’s missing, he…

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