Apartments

Ra’anana real estate project MOPHET logs over NIS 150m in soft launch sales to global buyers

ADI Capital says overseas buyers are among those purchasing homes in the 176-apartment MOPHET development.

An illustration of the MOPHET residential project in Ra'anana.
THE NUMBER of Israelis moving abroad has risen in recent years.

A temporary move abroad can carry lasting legal consequences for Israelis - interview

Aderet project in Jerusalem by Ram Aderet Group and Saleet in the Givat Hamatos neighborhood.

Senior US Rabbi moves to Israel, chooses home in Jerusalem’s Givat Hamatos

Housing Market.

Summer demand pushes prices up 0.3%, including rent, transportation costs, statistics bureau says


Registration opens for discounted apartment lottery: Here is the full list of cities

4,700 apartments in 14 cities: The discounted apartment lottery is open for five weeks. 20% of apartments will be reserved for active reserve soldiers. Cities include Rishon LeZion and Kfar Saba

 Young family relocating to new apartment.

Rising demand: Approximately 70,000 unsold apartments remain on the supply shelf

Between May-July 2024, around 25,000 apartments were sold, a 32% increase from last year. Despite the surge in demand, unsold units rose by 19%, leaving around 70,000 apartments still on the market.


A year later: Sharp increase in apartment sales last July

A Ministry of Finance review shows a 29% rise in July 2024 apartment sales vs. July 2023, with new sales up 51%. Investor activity and first-time buyer purchases also saw strong growth.

 Towers and buildings in downtown Tel Aviv

A year later: Sharp increase in apartment purchases in July

A review by the Ministry of Finance on the housing market shows a 29% rise in housing purchases in July 2024 compared to July 2023, with new apartment sales up by 51%.

 Tel Aviv cityscape.

Maybe also in your city: 4,000 new apartments approved in Gush Dan

The Tel Aviv District Committee approved submitting several urban renewal projects, including about 4,000 new housing units in two major cities in the Gush Dan. Which cities are involved?

 Ramat Gan and Givatayim, an Aerial View

Affordable housing for young adults will be built at Ashdod's old stadium site

The Israel Land Authority issued a tender for 453 apartments in Ashdod under the "Target Price" program. The site will later include 1,000 units, towers up to 24 stories, commercial areas, and more.

 District A, Stadium Complex, Ashdod.

Can you guess? These are the 10 most in demand cities for rentals in Israel

As Israel's rental market heats up for the new school year, 2024's summer sees surging demand in major cities amid the ongoing conflict, with dramatic spikes in rental interest across the country.

 10 most in-demand cities for rentals in Israel.

Thousands of northern investors left without compensation as property values plummet

Northern real estate investors face losses as the state ignores their rights, leaving them with empty properties for 10 months. The state's response is due by September 4th.

Buildings in Kiryat Shmona, August 21, 2024

State Comptroller: Betterment levies deemed 'successful' by local authorities

Billions at Our Expense: Do you feel the betterment levy you were charged is too high? You're probably right. The State Comptroller found that in 95% of cases, the charge was reduced by a third.


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.