Economy

Israel has launched a soil decontamination pilot to treat carcinogenic PFAS pollution. The results will determine the construction pace of thousands of homes at Sde Dov, where contaminated soil is estimated at 200,000 tons.

A new study by Adi Gastfreund reveals that housing prices in Tel Aviv's Yad Eliyahu neighborhood rose by 25.6% between 2020 and 2026, defying the general downward trend in the city's real estate market.

Ashtrom Group CEO Gil Giron urged the government to let Israeli firms lead the metro project to secure executive independence and called for state support to boost the long-term rental housing market.

Bank of Israel Governor Amir Yaron urged developers to lower housing prices to revive the market and opposed Benjamin Netanyahu's plan to lock in a 400 billion NIS defense budget.

The Metro Compensation Committee rejected NTA's attempt to value private lands expropriated for the Rishon LeZion depot as cheap agricultural plots, ordering a reassessment.

The Jerusalem District Planning Commission approved a major redevelopment of the Hesbon complex, featuring three 45-story towers and 950 apartments, despite hundreds of objections and strong criticism from Deputy Mayor Yossi Havilio.

The Jerusalem District Planning Commission approved the Hesbon urban renewal project. The plan features three 43-story towers, 950 apartments, including 200 rentals, student dorms, and the preservation of historic landmarks.

Bnei Brak residents are fighting the opening of a daycare in a residential building, warning of a 15% drop in property values. The municipality claims the permit complies with zoning laws.

The Ashdod Family Court has awarded a retired Ministry of Education employee 50% ownership of an Ashkelon home registered solely to his former partner of 31 years, citing his nine years of mortgage payments.

Two luxury London penthouses worth £36 million linked to Mojtaba Khamenei have been placed in receivership and put up for sale after Iranian banker Ali Ansari defaulted on his mortgages.

A French resident purchased a 52-sqm apartment on Ben Yehuda Street for short-term rental. The transaction reflects price stability in Tel Aviv's historic Rova 3 district despite the lack of parking.

The Bank of Israel's 0.25% interest rate cut surprised major real estate developers. Leading construction firms estimate that the cumulative 1% rate reduction has saved them between NIS 20 million and NIS 40 million in financing costs.

Eran Mazor, CEO of Elbit Real Estate, highlights a severe disconnect in Israel's housing market. While rental demand and prices soar, high interest rates and capital requirements have frozen home sales, putting smaller developers at risk.

The Northern District Planning and Building Commission has approved the deposit of the Hadassim complex plan in Afula. The project by Rahmani Group will replace 31 old apartments with 229 new housing units.

The Central Bureau of Statistics reports a minor 0.1% rise in housing prices. Despite a broader market stagnation, recent second-hand transactions across major cities indicate price stability.

Real estate developer Almogim has received a building permit for 68 apartments in Rishon LeZion. Due to bureaucratic delays, buyers will be eligible to sell their subsidized units immediately upon completion in 2029.

A review of Jerusalem real estate transactions reveals high returns for 2021 property buyers compared to minimal gains after 2023. Despite predictions of a double-digit drop, tax authority data shows no nominal capital losses.

Finding real estate under 1.5 million shekels in the center of the country is extremely difficult, but deals on apartments without a MAMAD (protected space) remain an affordable option. In Holon, a 3-room apartment was sold for 1.42 million shekels, while prices in Be'er Sheva are significantly lower.

The grandson asked to remain in the tiny apartment in Jerusalem where his grandfather lived until his death. But the court accepted the lawsuit filed by the association that owns the property and ordered his eviction.

The I.S.A Group, alongside a strategic partner, has acquired 7.8 dunams of land in Beit Shemesh. The site is slated for a 75,500-square-meter mixed-use complex featuring residential units, retail space, offices, and an assisted living facility.

Discounts of hundreds of thousands of shekels, interest paid by the developer, payment installments, reduced index-linking, and specification upgrades: in a period when sales rates in the housing market are slowing down, more and more developers are offering benefits to attract buyers. For those looking for an apartment, this can be a real opportunity, but also a consumer trap. How do you know if...

Discounts of hundreds of thousands of shekels, interest paid by the developer, payment installments, reduced index linkages, and specification upgrades: in a period when sales rates in the housing market are slowing down, more and more developers are offering benefits to attract buyers. For those looking for an apartment, this can be a real opportunity, but also a consumer trap. How do you know if...

Admissions committees that reject candidates without explanation, limit who is allowed to live in an apartment, and sometimes cost celebrities millions of dollars, have driven many stars away from traditional co-op buildings in the Big Apple. In their place, condo buildings with underground parking and coded elevators have taken center stage, allowing residents to get from their car to their...

While contractors and politicians make conflicting promises, the world's six most powerful AI models analyzed interest rate and demand data in Israel and reached one decisive conclusion regarding 2027.

The city will expand north and south to accommodate thousands of new families. The agreement was signed following the completion of the marketing of nearly 3,000 apartments in two new neighborhoods last August.

Families who purchased apartments in a project in the settlement of Tekoa in Gush Etzion, and expected to move into their homes by the summer of 2024, were forced to wait about a year and a half, and sometimes two additional years, until their apartment was delivered to them.

If you are a combat soldier, you will likely be able to win land in the south at an attractive price with relatively low development costs. The big question: which reservists can win the land?

A check by the Madlan website reveals that the Neve Sha'anan neighborhood in Haifa is the most sought-after for rent this summer, followed by Nachlaot in Jerusalem and central Herzliya. What are the reasons that the 'City on the Carmel' is ranked high in the top ten, and where are the neighborhoods in Tel Aviv?

A group of developers is launching the "Metropol District" project within the "Metropol Ashdod" complex, spanning approximately 15 dunams with an estimated investment of 950 million shekels. The project will feature a mix of employment, commercial, hotel, and residential spaces.

The Movement for Quality Government has demanded an explanation from the Standards Institution regarding the delay in updating the SI 118 concrete standard. Estimates suggest this delay could cause up to 500 million shekels in budgetary damage to the Metro project.

A Natam report for the first half of the year points to a change in the demand map for offices: software and gaming companies are reducing space, while defense-tech, cyber, and defense industry companies are becoming the growth engine. In Tel Aviv, occupancy in prime towers is approaching 99% and rent is climbing; but outside of it, there has been a decrease in occupancy and prices.

The luxury villa of Eyal Berkovic and his ex-wife Tali in the Denya neighborhood of Haifa is still looking for a buyer – and the asking price has dropped. What awaits the person who purchases the property?

The three old Reading fuel tanks will be preserved and converted into a public complex that will combine culture, creativity, leisure, and sports. The plan includes the development of open spaces and the restoration of the Yarkon River banks, with the goal of connecting the sea, the Yarkon, and the city.

A comparative analysis by a Psagot-Sigma expert reveals significant differences in sales pace and pricing among projects in the prestigious Sde Dov district.

The rental market in Israel shows a 4.8% price increase compared to July 2025. The primary driver is a severe shortage of large apartments, with supply dropping by 25% year-over-year, particularly in the southern regions.

Following a series of failed tenders in Nahariya, Jaljulia, and Tel Aviv, the Israel Land Authority has successfully marketed land in Yavne. The Reisdor company won the bid to construct 104 long-term rental apartments.

When a home buyer pays legal fees to the contractor's lawyer, does it necessarily mean they are representing them too? Here are the things you must know before buying a new apartment.

Delek Nadlan is leasing an entire floor of 1,700 sqm to the Profit chain at the Castel complex. The lease agreement was signed for 25 years and will bring the complex's occupancy to 75% ahead of its opening in 2027.

The Ministry of Finance warns of a wave of cancellations in the real estate sector, but a review of the reports of large companies shows that the situation is not so bad - and certainly not one that indicates a collapse.

The District Planning and Building Committee of the Central District has decided to deposit for publication a plan regarding a complex that will include residential, employment, and commercial space on the scale of thousands of housing units. This is an initial stage of the plan.