Real Estate


U.S. New Home Sales Tumbled 9.3 Percent in December

Americans cut back their purchases of new homes in December as harsh winter weather dampened demand. The Commerce Department said Thursday that new-home sales skidded 9.3 percent last month to…

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More Israeli Families Renting, Study Shows

Over the past 19 years, there has been a 17 percent increase in the number of Jewish families renting apartments in Israel. In 1997, 24.3 percent of Jewish families in…

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Home Sales Down for Fourth Straight Quarter

For the fourth quarter in a row, home sales in Israel have slowed, the Finance Ministry said Tuesday. Numbers for the third quarter of 2017 showed a significant fall in…

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Post Office to Move to New Modiin Headquarters

The Israel Post Corporation is pulling out of several high-priced pieces of real estate in Yerushalayim and Tel Aviv where it currently operates – and is moving operations to a…

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MKs Urge More Action on ‘Ghost Apartments’

There may be as many as 140,000 “ghost apartments” – homes that are owned by Israelis or foreigners, but are unoccupied – according to numbers presented at a meeting of…

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Netanya Set to Grow to 350,000 Residents

Netanya, a city of 240,000 people, is set to grow substantially in the coming years, following the approval of a new city expansion plan. The goal is to expand the…

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Real Estate Sales Fall Again in August

The recent trend that has seen real estate sales slow continued in August, the Finance Ministry said in its latest report on the Israeli real estate market. A total of…

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Are the Obamas Buying a Manhattan Condo?

Former President Barack Obama and wife Michelle might be adding some Big Apple real estate to their portfolio: The New York Post is reporting that the former first couple have…

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Starrett City, With Trump as Investor, Finds a Buyer

The owners of Starrett City, a Brooklyn affordable-housing complex that counts President Donald Trump as an investor, have reached an agreement to sell the property for about $850 million. The…

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