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17,400 new properties had been bought in Israel in the 1st four months of 2022, the Central Bureau of Data studies, 15% down on the closing four months of 2021.


17,400 new residences have been bought in Israel in the initial 4 months of 2022, the Central Bureau of Statistics reviews, 15% down on the last four months of 2021, which was an all-time report high for the sale of new residences. New houses profits were bigger in the last 4 months of 2021, as traders rushed to buy houses right before acquire tax was lifted for investors from November 1. Due to the fact November, the selection of new properties purchased has fallen by an regular of 2.1% per month.




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Even so, the figure for the initial four months of 2022, is 10% bigger than the quantity of new properties bought in the very first 4 months of 2021.

Main metropolitan areas

Tel Aviv is not only the most high-priced metropolis for true estate in Israel but also the city in which most new households are marketed. In the a few months involving February and April 2022, 935 new houses ended up bought in Tel Aviv (when compared with 1,091 new homes involving November 2021 and January 2022). 888 new houses ended up sold in Rishon Lezion (476), 776 new residences in Beit Shemesh (451), 724 new residences in Ramat Gan (587), and 611 new homes in Beersheva (334).

Two towns stood out because of a significant drop in the obtain of new properties in the a few months involving February and April 2022, when compared with the preceding a few months: Ashkelon, 499 new houses bought (870) and Jerusalem 446 new households (722).

Printed by Globes, Israel enterprise news – en.globes.co.il – on June 14, 2022.

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



New creating in Ashkelon Credit score: Eyal Izhar
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