17,400 new properties were offered in Israel in the initially 4 months of 2022, the Central Bureau of Figures reports, 15% down on the remaining four months of 2021.


17,400 new houses have been offered in Israel in the 1st four months of 2022, the Central Bureau of Statistics reports, 15% down on the final 4 months of 2021, which was an all-time record significant for the sale of new houses. New residences sales were greater in the remaining four months of 2021, as traders rushed to invest in houses prior to acquire tax was lifted for traders from November 1. Given that November, the number of new houses purchased has fallen by an typical of 2.1% for every month.




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Nevertheless, the figure for the to start with 4 months of 2022, is 10% higher than the quantity of new homes offered in the very first 4 months of 2021.

Top cities

Tel Aviv is not only the most costly metropolis for genuine estate in Israel but also the town in which most new houses are marketed. In the three months involving February and April 2022, 935 new households were being sold in Tel Aviv (as opposed with 1,091 new houses concerning November 2021 and January 2022). 888 new houses ended up offered in Rishon Lezion (476), 776 new households in Beit Shemesh (451), 724 new households in Ramat Gan (587), and 611 new households in Beersheva (334).

Two towns stood out due to the fact of a significant slide in the obtain of new households in the 3 months involving February and April 2022, in contrast with the previous three months: Ashkelon, 499 new households offered (870) and Jerusalem 446 new households (722).

Released by Globes, Israel small business information – en.globes.co.il – on June 14, 2022.

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



New creating in Ashkelon Credit history: Eyal Izhar
