Israel real estate market

'We're better without Palestinian workers': Construction heads say foreigners better for Israel

Israeli construction giants are claiming that their industry is better off without Palestinian workers.

Foreign workers in Israel
The French Hill – a project by Terra Real Estate and Rotshtein.

Israel is building homes, but not the homes Israelis need, Shoresh study warns

 A view of the luxury apartments and tall buildings in downtown Jerusalem, on October 27, 2015. Most of the luxury apartments are owned by foreign residents or by Israelis who use them as vacation homes. The city with the largest number of phantom apartments is Jerusalem.

NYC Jewish-Syrian community buys two Jerusalem towers in deal worth over NIS 1 billion

Louis Marshall 2-4 Tel Aviv.

It’s all about the timing


Surprising city: 80+ long-term rental contracts signed quickly

In just six weeks, 81 contracts were signed in Yavne's Rent 2 Stay long-term rental project by Almog Group and Harel Insurance & Finance. What’s the rent for a four-room apartment?

 Sample Apartment: Rent 2 Stay Long-Term Rental Project in Yavne

Record mortgage taking in Israel in December

December's figure was double the monthly average of mortgages taken in the rest of 2024.

 Mortgage

Jews are coming: Over 29,000 new immigrants arrived in Israel during the war

A report for this week's Real Estate Conference shows a sharp rise in immigration to Israel from Western countries since October 7. Is the country ready to absorb tens of thousands of new immigrants?

 Olim touch down at the Ben Gurion airport in 2018

21st-century Tower of David? Jerusalem demands a new monument on its skyline

Leading international architects are creating an extraordinary tower alongside the light rail, a modern counterpart to the Tower of David. Ofer Petersburg discusses the city's critical debate.

Illustration: "Epstein Complex" plan in Kiryat HaYovel

Watch the video: Has Israel's housing market reached a boiling point again?

At a Media Real Estate event, CPA Uri Yonisi from Bank Leumi revealed that a doubling of mortgage applications in the last six months indicates a hot market.

 Conference for Purchasing Groups: The CEOs' Club of Media Real Estate in Collaboration with Leumi for Mortgages.

More than 100,000 sign up for discount apartment lottery, less than 5% will win

Around 101,000 households have registered for the upcoming lottery, with 4,633 set to receive winning notifications soon. Registration for the next lottery's eligibility certificates is now open.

 More than 100,000 registered for a discounted apartment lottery, less than 5% of them will win.

Long-term rentals: A vital housing solution for the next generation

Inbal David, CEO of Apartment for Rent, emphasized at the Mizrahi Tefahot Bank conference that future generations should have three housing options: buying, free market renting, or long-term renting.

Ofer Petersburg, Inbal Davin and Matan Yigal at the annual conference for mortgage consultants of Bank Mizrahi Tefahot.

People buy apartments without realizing: Have we become Las Vegas or a madhouse?

The Israeli economy is collapsing, with many buying apartments using contractor loans, revealed by Bank of Israel data. Ofer Petersburg expresses concern in this special column.

 Las Vegas

Israel already employing 28,000 Palestinians; Renovation sector in crisis

Renovation Contractors Association finds 20% hiring Palestinians without entry permits due to manpower shortage.

Palestinian workers at the end of a workday, Eyal Crossing, May 2015.

Government budget approved: Cities expected to renew under state auspices

Israel gears up for a new wave of urban renewal agreements with an approved budget of NIS 120 million, extending to 7 more local authorities.

 A new wave of framework agreements for urban renewal.