Real Estate


Tel Aviv Files Plan for 100-Floor Skyscraper

The tallest building in Israel is being planned for a site on the border between Tel Aviv and Ramat Gan, Globes reported Tuesday. The 100-floor structure was approved by the…

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New Towers to Modernize Machaneh Yehudah Neighborhood

The gentrification of the Machaneh Yehudah market area continues apace, with the latest nod to modernization authorized by the Yerushalayim Building and Planning Commission this week. Two apartment towers, with…

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Israeli, Chinese Companies Sign $1.5 Billion Building Plan

The Israeli real-estate-development company Tidhar and China’s State Construction Engineering Corp. (CSCEC) have signed an agreement to work together on a $1.5 billion construction program, Globes reported on Monday. They…

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IMF: Govt’s Housing Plan Has Not Lowered Prices

The pride of the Finance Ministry – the “Price Resident” program, designed to lower the cost of housing for young couples – does no such thing, according to no less…

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Ofakim to Get 10,000 New Homes

Be’er Sheva, Dimona, and even Netivot have all ridden the wave of growth that has hit southern Israel in recent years — but one town that has been left behind…

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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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