New homes sales in Israel fall
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17,400 new households were being sold in Israel in the very first four months of 2022, the Central Bureau of Figures studies, 15% down on the last 4 months of 2021.


17,400 new homes ended up sold in Israel in the 1st four months of 2022, the Central Bureau of Data reviews, 15% down on the final four months of 2021, which was an all-time history substantial for the sale of new houses. New houses profits were bigger in the ultimate 4 months of 2021, as traders rushed to acquire properties ahead of obtain tax was lifted for investors from November 1. Since November, the range of new households bought has fallen by an common of 2.1% for every thirty day period.




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Nevertheless, the figure for the first four months of 2022, is 10% increased than the number of new residences marketed in the 1st four months of 2021.

Major metropolitan areas

Tel Aviv is not only the most costly town for actual estate in Israel but also the metropolis in which most new homes are offered. In the a few months between February and April 2022, 935 new properties ended up offered in Tel Aviv (when compared with 1,091 new properties amongst November 2021 and January 2022). 888 new properties were being marketed in Rishon Lezion (476), 776 new households in Beit Shemesh (451), 724 new houses in Ramat Gan (587), and 611 new residences in Beersheva (334).

Two metropolitan areas stood out since of a big fall in the acquire of new residences in the three months concerning February and April 2022, compared with the earlier three months: Ashkelon, 499 new properties offered (870) and Jerusalem 446 new residences (722).

Posted by Globes, Israel enterprise news – en.globes.co.il – on June 14, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.



New developing in Ashkelon Credit: Eyal Izhar
