The Treasury's program to revive periphery demand includes discounts on new apartments, subsidies for veterans, exploring foreign contractors, and government-guaranteed loans for struggling builders.
Israel Land Authority: Out of around 93,500 apartments marketed to developers in 2023, only approximately 60,000 transactions were completed, a decrease of more than 33,000 compared to 2022.
The BOI offers temporary relief to borrowers, allowing them to increase their mortgage for debt relief or Merkhav Mugan (protected space) construction in old apartments.
Kiryat Shmona municipality requests assistance from the government's housing and finance ministers and the Israel Land Authority CEO to enable young families to remain in the city.
6th discount apartment lottery: 6,800 units in 16 cities. Kiryat Gat & Elad lead availability. Explore all cities here!
New regulations published for public comment introduce an income test and standardized lotteries for eligibility for long-term rental housing in Israel.
Construction and Housing Ministry opens lottery registration. Priority: reservists & families of children with disabilities. Discover apartment allocation for eligible applicants.
Kiryat Haomanim, Rishon Lezion's community-focused neighborhood, redefines modern living with green spaces and inclusive communities.
A recent report by the Ministry of Housing and Urban Development reveals a 15% drop in new construction starts, indicating a stagnation in the real estate market that affects both supply and demand.
Approval has been granted for 1,000 units in Dalit El Carmel's new neighborhood • Sumei town in Upper Galilee is also set to expand, welcoming 2,000 homes amid infrastructure enhancements
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