17,400 new properties were bought in Israel in the first 4 months of 2022, the Central Bureau of Data experiences, 15% down on the remaining 4 months of 2021.


17,400 new households have been offered in Israel in the 1st four months of 2022, the Central Bureau of Studies reviews, 15% down on the closing four months of 2021, which was an all-time file superior for the sale of new houses. New residences income were being higher in the closing 4 months of 2021, as investors rushed to acquire homes in advance of invest in tax was lifted for investors from November 1. Given that November, the range of new houses bought has fallen by an regular of 2.1% for each month.




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Yet, the figure for the 1st four months of 2022, is 10% higher than the number of new houses marketed in the initial 4 months of 2021.

Main cities

Tel Aviv is not only the most highly-priced city for actual estate in Israel but also the town in which most new houses are bought. In the three months concerning February and April 2022, 935 new homes were being offered in Tel Aviv (when compared with 1,091 new residences concerning November 2021 and January 2022). 888 new residences have been marketed in Rishon Lezion (476), 776 new homes in Beit Shemesh (451), 724 new households in Ramat Gan (587), and 611 new residences in Beersheva (334).

Two cities stood out simply because of a large tumble in the order of new houses in the 3 months involving February and April 2022, as opposed with the previous 3 months: Ashkelon, 499 new households bought (870) and Jerusalem 446 new households (722).

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

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



New developing in Ashkelon Credit: Eyal Izhar
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