Most of the real estate developers in Netanya regard the city’s mayor, Miriam Feirberg, as a bulldozer who succeeded in doing what many of her predecessors did not: Contend with a city with a problematic image and brand it as a beach town appealing to well-established Israelis, as well as European tourists. Feirberg is interested [...]
For the first time in four months the Bank of Israel this week raised interest rates for August by a quarter percentage point from 1.5 percent to 1.75 percent in a move to cool Israel real estate prices which are feared to develop into a bubble. Over the past year prices in the Israel housing [...]
More Israel real estate buyers are again purchasing apartments and houses from contractors following the changes in the Israeli Sales Law, which seeks to protect the interests of new apartment buyers. In 2009 and over the course of the first five months of 2010, there is a rising trend in the rate of new apartments [...]
The global economic crisis had a moderate impact on activity in the Israel real estate, building and construction sector, despite earlier concerns and difficulties by contractors and home-buyers to receive credit, according to a July report by Israel’s Housing and Construction Ministry. The report noted though that credit difficulties to a lesser extent still pertain. [...]
In Israel, the rate of interest is announced by the Bank of Israel at the end of every month. These announcements have been made since 1991, and provide the commercial banks with a benchmark for their rates on local-currency unindexed deposits and credit. This rate also affects the banks’ prime rates. In the last few [...]
A year after Tel Aviv announced plans to build hundreds of affordable housing units, nothing happened.
A population explosion in Beersheba has sent rental prices soaring
Renovating an average four-story building costs tens of thousands of shekels, which means thousands of shekels for each home owner.
After examining apartment prices in 76 communities, chief governmental assessor finds Israeli buyers ready to pay much more for ‘neighbors of high quality’. Flat prices influenced by residents’ income and education levels more than by quality of homes
With little room to build and high birth rates, Bnei Brak has one of the most overheated housing markets in Israel
The 13 Facts That You Absolutely Must Know Before Buying A Home In Israel