Real Estate


Court Strikes Down Third-Apartment Tax

Israel’s High Court voided a tax enacted recently on owners of multiple housing units, intended to ease the housing shortage, on procedural grounds, on Sunday, according to media reports. The…

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U.S. Pending Home Sales Improved in June

Americans signed more contracts to buy homes in June, snapping a three-month decline in pending sales. The National Association of Realtors said Monday that its pending home sales index rose…

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U.S. Homebuilder Sentiment Declines in July

U.S. homebuilders are feeling less optimistic about their sales prospects, although their overall outlook remains positive. The National Association of Home Builders/Wells Fargo builder sentiment index, released Tuesday, declined to…

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Private Island in Maine on Sale for $7.95M

The listing agent for a private island that is on the market in Maine for $7.95 million says the property is attracting significant interest from buyers. Developer John Cacoulidis bought…

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U.S. Pending Home Sales Slip for 3rd Straight Month

Americans signed fewer contracts to buy homes in May, the third straight monthly decline and evidence that a shortage of homes for sale has suppressed home-buying. The National Association of…

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Officials: Housing Prices Up Again, But Sales Fall

Housing prices in Israel continue to rise in 2017, numbers from the Central Bureau of Statistics (CBS) show. According to the numbers for housing sales in March and April released Thursday,…

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Old Tel Aviv Bus Station Gets Green Facelift

When it was abandoned some two decades ago for its replacement, the old Central Bus Station in Tel Aviv – really a collection of bus stops that had been built…

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