Construction activity in Israel is experiencing a significant decline, primarily due to the country's economic situation. In the first quarter of this year, the number of construction starts decreased by 25% compared to the same period last year, making it the...
Recent data from the Bank of Israel highlights a worrying trend in the housing market, signalling the onset of a significant crisis. The monthly mortgage volume has returned to levels seen three years ago, indicating a decline in real estate market activity. While the...
The Israeli real estate market is experiencing a significant downturn, with the number of deals closed in February decreasing by 41% compared to the previous year. This marks one of the weakest periods since 2003, according to the Ministry of Finance's report...
The Israeli real estate market is allegedly experiencing a price decrease for newly constructed properties, as stated in recently published reports. The broader market trend appears to be also heading in this direction in the not-too-distant future, despite the fact...
The Israeli real estate market is dealing with a new economic reality: high interest rates that have not been seen in a decade. The number of transactions has been rapidly declining over the last six months, as there are now fewer buyers on the market due to an...
According to the latest data released by Israel's Bureau of Statistics on Friday, house prices have registered an increase of 20.3%, making it the fastest annual rise in a decade. However, Leumi, the largest Israeli bank, anticipates seeing this trend change within...
According to data released by the Bank of Israel (BOI) this afternoon, the Israeli real estate market is continuing to contract. It shows that the overall value of mortgages obtained in November was NIS 7.6B, a 31% drop from the number of mortgages issued in the same...
Shikun & Binui (TASE: SKBN), one of the largest construction companies in Israel, won a tender to build and operate "Ofek Rahav" project. According to it, the company will plan, construct, and operate the compound for a period of 25 years. Subject to signing of...
Shikun & Binui (TASE: SKBN) have been approached by the Spanish infrastructure company ACS to sell their 21.6% share in the Blueridge Transportation Group (BTG) - the concessionary company for a 17-kilometer segment of the SH-288 highway in Houston, Texas, that...
Gav Yam are expecting 2022 to be the most profitable year in its history. The real estate company which specialises in building high-tech parks and leasing its properties to the companies in this space, has reported 11% increase in the rental rates in the new...