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Real estate in Israel

ָָָA sign declares an upcoming construction project in the Gonen neighborhood of Jerusalem, January 2020. (Hadas Parush/Flash90)
Housing prices dip slightly but remain about 10% higher than in 2022
By Danielle Nagler
Annual rises in rents, mortgage payments make housing increasingly expensive compared to average salaries and consumer prices
Apartment buildings in the Gonen neighborhood of Jerusalem, one of the most popular locations for Israeli investment properties, January 2020. (Hadas Parush/Flash90)
Property investors may lose tax breaks in real estate reforms
By Danielle Nagler
View of neighboring buildings and sites from inside the new Bezalel campus, Jerusalem, January 2023. (Courtesy SANAA Architects)
Bezalel’s new campus hopes to draw Jerusalem’s many communities into creative space
By Danielle Nagler
A construction site in Israel, May 2022. (Roman Mykhalchuk via iStock by Getty Images)
Forecast of short supply of building materials until 2040 further imperils housing
By Danielle Nagler
ָָָA sign declares an upcoming construction project in the Gonen neighborhood of Jerusalem, January 2020. (Hadas Parush/Flash90)
June 15, 2023, 10:41 pm
Housing prices dip slightly but remain about 10% higher than in 2022
Annual rises in rents, mortgage payments make housing increasingly expensive compared to average salaries and consumer prices
By Danielle Nagler
Construction in Holon, May 2020. (100 via iStock by Getty Images)
June 14, 2023, 3:08 pm
Real estate transactions plummet close to 20-year low in stalled housing market
The number of residences changing hands hits record lows in April, down 55% from last year, as prices and borrowing costs climb
By Danielle Nagler
Illustrative: Construction of new residential buildings on Allenby Street in Tel Aviv, May 21, 2023. (Miriam Alster/Flash90)
May 25, 2023, 5:38 am
Housing snapshot: Home sales and rentals across Israel
The Times of Israel’s regular feature on what is happening in Israel’s property market right now
By Danielle Nagler
Construction of new residential buildings on Allenby Street in Tel Aviv, May 21, 2023. (Miriam Alster/FLASH90)
May 25, 2023, 3:48 am
Planning approvals for new housing hit multi-year high in 2022
Planning authority sees nearly 50% rise in new housing agreements, while protected spaces and green energy projects also increase
By Danielle Nagler
Illustrative: A building in Kiryat Bialik undergoing urban renewal as part of Tama 38 regulation, on October 24, 2018. (Meir Vaaknin/Flash90)
May 4, 2023, 5:39 am
Urban renewal project approvals tripled in 2022 in bid to increase housing
Frameworks that allow for renovating — or demolishing and reconstructing — buildings with more and better apartments show growth in new government data
By Danielle Nagler
New apartment buildings under construction in the southern city of Beersheba on November 18, 2022. (Gershon Elinson/Flash90)
April 21, 2023, 6:51 am
Housing prices finally dip, but market pressures mean a surge will likely follow
The only way is up, experts say. Falling prices in the residential market are unlikely to become a long-term trend even if home sales are currently at record lows
By Danielle Nagler
Illustrative: Multi-story residential buildings in Ashkelon, Israel, May 2022. (rglinsky via iStock by Getty Images)
April 20, 2023, 6:16 am
Housing snapshot: Home sales and rentals across Israel
The Times of Israel’s regular feature on what is happening in Israel’s property market right now
By Danielle Nagler
Lit-up apartment building in Petah Tikva, August 2021. (Itay Tamir via iStock by Getty Images)
March 24, 2023, 7:05 am
Housing snapshot: Home sales and rentals across Israel
The Times of Israel’s regular feature on what is happening in Israel’s property market right now
By Danielle Nagler
A building under construction in Jerusalem on November 10, 2021. (Yonatan Sindel/Flash90)
March 16, 2023, 10:13 pm
Tel Aviv, Jerusalem housing prices fall as mortgage borrowing hits four-year low
Housing market shows a slowdown as prices stabilize; volume of real estate transactions down 39% year-on-year
By Danielle Nagler
A construction site in Israel, May 2022. (Roman Mykhalchuk via iStock by Getty Images)
March 13, 2023, 3:47 pm
Forecast of short supply of building materials until 2040 further imperils housing
Energy Ministry warns domestic supply will fail to meet high demand for construction materials to build homes, roads, infrastructure, per current growth rates
By Danielle Nagler
View of neighboring buildings and sites from inside the new Bezalel campus, Jerusalem, January 2023. (Courtesy SANAA Architects)
February 24, 2023, 2:29 pm
Bezalel’s new campus hopes to draw Jerusalem’s many communities into creative space
Israel’s oldest art and design school moves to downtown location, in bid to connect to capital’s diverse population
By Danielle Nagler
An illustrative photo of new residential towers in Beit Shemesh, April 2022. (Elijah Lovkoff via iStock by Getty Images)
February 24, 2023, 5:15 am
Housing snapshot: Home sales and rentals across Israel
The Times of Israel’s regular feature on what is happening in Israel’s property market right now
By Danielle Nagler
Apartment buildings in the Gonen neighborhood of Jerusalem, one of the most popular locations for Israeli investment properties, January 2020. (Hadas Parush/Flash90)
February 16, 2023, 8:11 pm
Property investors may lose tax breaks in real estate reforms
New proposals aim to reduce tax-exempt rental income for homeowners with more than one property and generate billions of extra shekels in state revenue
By Danielle Nagler
File: The Tel Aviv skyline (Miriam Alster/FLASH90)
February 15, 2023, 11:51 pm
Inflation higher than expected in January; housing costs keep rising
Cost of living rises 0.3% over the month, bringing the year-on-year rise of consumer price index to 5.4% — highest since 2008; home sales slow but prices remain high
By Danielle Nagler
An aerial view of Rishon LeZion, February 2018. (Vicu9 via iStock by Getty Images)
February 10, 2023, 11:29 am
Housing snapshot: Home sales and rentals across Israel
The Times of Israel’s regular feature on what is happening in Israel’s property market right now
By Danielle Nagler
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