Tel Aviv Real Estate News | Israel’s High Rise Boom

Tel Aviv Real Estate News | Israel’s High Rise Boom

Traditionally Israelis dreamt of owning a a private home, complete with backyard, a fence, and a pool. Looking at the recent construction data, however, points to a new phenomena, one that we’ve seen already for quite some in the Tel Aviv real estate market for some time.Read more

Tel Aviv Real Estate News | Israel's High Rise Boom

Tel Aviv Real Estate News | Israel's High Rise Boom

Traditionally Israelis dreamt of owning a a private home, complete with backyard, a fence, and a pool. Looking at the recent construction data, however, points to a new phenomena, one that we’ve seen already for quite some in the Tel Aviv real estate market for some time.Read more

Tel Aviv Real Estate Prices Rise 11% from 2012

Tel Aviv Real Estate Prices Rise 11% from 2012

It’s no new news story that real estate prices in Israel are continuing to rise, and yesterday the government confirmed the hype. Prices throughout the country have risen 5% from the corresponding period last year, and 0.9% from Q4 2012. The greatest increases were seen in Tel Aviv, where prices jumped 11% from last year, and 2% from Q4 2012.Read more

Tel Aviv Real Estate Market Update | Why You Shouldn't Be Waiting on the Fence

Tel Aviv Real Estate Market Update | Why You Shouldn't Be Waiting on the Fence

It’s been a crazy summer here in the Tel Aviv real estate market. Our small city has been the center of the social protests that are occurring throughout Israel, with hundreds of thousands of people both marching in, and living on, the streets, protesting the high costs of housing and the overall cost of living. To make things more complicated for the Israeli housing market, journalists, economists, academics, developers, brokers, bankers, and bureaucrats alike continue to conjecture about the “bubble burst” that no one seems to understand, when, or even if, it exists.Read more

Tel Aviv Real Estate Market Update | Why You Shouldn’t Be Waiting on the Fence

Tel Aviv Real Estate Market Update | Why You Shouldn’t Be Waiting on the Fence

It’s been a crazy summer here in the Tel Aviv real estate market. Our small city has been the center of the social protests that are occurring throughout Israel, with hundreds of thousands of people both marching in, and living on, the streets, protesting the high costs of housing and the overall cost of living. To make things more complicated for the Israeli housing market, journalists, economists, academics, developers, brokers, bankers, and bureaucrats alike continue to conjecture about the “bubble burst” that no one seems to understand, when, or even if, it exists.Read more

Israeli Housing Market Index Hits a 6 Year Low

Israeli Housing Market Index Hits a 6 Year Low

The Mishkan Housing Market Index, a monthly index that measures the financial conditions of the Israeli Housing Market, hit a 6 year low in December 2010, the lowest since October 2004. The index is made up of 4 factors; the Israeli average salary, the unemployment rate, national apartment prices, and the mortgage interest rate. According to Bank HaPoalim, “the prices of homes in Israel rose 14.7% in the preceding 12 months. Since the last low point in 2007, prices has risen 38% in real terms”. That being said, the index has fallen 21% from its high point of 171 points in July 2008.Read more