Economy

The Higher Planning Council is expected to advance 763 new housing units, of which 673 are in Eli and 90 in Har Adar. With the completion of all plans approved in recent years, the settlement of Eli is expected to grow three times over and allow for the absorption of thousands of new residents.

In the Kramim neighborhood of Shoham, a 140 sq. m penthouse with a 40 sq. m balcony was sold for 5.3 million shekels. The property underwent a thorough renovation, with buyers investing an additional 50,000 shekels in furniture and lighting. Here is a summary of transactions from the past week.

Buying an apartment is the largest financial transaction of most people's lives. To avoid risks related to illegal construction, debts, and hidden defects, it is essential to conduct thorough due diligence before signing any contract.

The former Pfizer headquarters was recently at risk of partial collapse, leading developers and lenders to anticipate stricter safety inspections and rising insurance costs for future conversion projects.

As part of the campaign, the company Anshei HaIr promised that one of every 50 first buyers to purchase an apartment in one of the company's projects in quarters 3 and 4 in Tel Aviv would win a two-room apartment near Kikar HaMedina, with an estimated value of approximately 2.5 million shekels. During the campaign period, 13 apartments were sold in the participating projects, for a total volume of...

Electra Real Estate, a manager of rental housing complexes in the USA, lowered its offering price and completed a 150 million shekel share issuance (approx. 6% of the company) to Menora Mivtachim and other investors. If options are exercised, the company will receive an additional 80 million shekels.

An heir selling a single apartment received from their parents may be completely exempt from capital gains tax, but three cumulative conditions determine who is eligible and who will pay tax on the full profit.

Occupancy in an urban renewal project should be a highlight for tenants, but it sometimes turns out to be the beginning of a period of repairs and dragging feet by the developer and contractor. We examine why apartment owners might find themselves dependent on the developer and how an experienced lawyer and appropriate guarantees can reduce the risk.

The law established a compensation mechanism for property owners in buildings to be expropriated, but does not explicitly regulate the rights of protected tenants. Is it possible they will be forced to settle for compensation based on key money alone?

Prices are currently frozen with a downward trend. The Central Bureau of Statistics' apartment price index indicates a minimal decrease, but some argue that the actual decline is more significant. Meanwhile, some wonder how prices can be lowered proactively. What can the state and municipalities do about it, and how can the apartment production chain be addressed to reach a situation where more...

In recent years, local authorities have become dominant partners in urban renewal projects, not only as regulators but also as stakeholders requiring public spaces within residential developments. While this addresses the need for public infrastructure, developers warn that excessive or unclear demands can harm economic feasibility, create uncertainty, and delay project implementation.

Many apartments sold 'on paper' in recent years are nearing occupancy, requiring buyers to secure full payment. Amidst price stagnation and high interest rates, many are facing financial challenges. Experts discuss the risks of contract cancellations and the best ways to prepare for the final payment day.

How new office buildings and business parks have turned from a real estate tool into a tool for recruiting, retaining, and attracting employees. Do hybrid work, competition for employees, and the need to bring people back to the office affect the planning of office towers, business parks, and the tenant experience? We went to check.

Between developers promising price increases and CEOs reporting a 20% drop, Israelis are left without a compass. In the current reality, the answer to the question "should I buy now" depends mainly on the interest of the person advising you.

Is the residential culture in Israel changing, or is the price surge forcing a new reality? While many are torn between the aspiration for homeownership and the economic need for stable rent, the housing market struggles to provide answers, and industry leaders explain why the only way to lower prices is to expand supply from all directions.

Social networks and artificial intelligence are taking over the marketing and advertising world. Is the old and conservative real estate industry also racing in that direction? Are Instagram, TikTok, and Facebook the new sales offices? We spoke with professionals to understand what content works and what doesn't, what makes a client leave details, and what still requires a personal meeting.

Following the cancellation of TAMA 38 and the industry's shift toward large-scale 'Pinui-Binui' complexes, many old residential buildings are being left behind. Experts discuss whether alternative mechanisms, such as the 'Shaked alternative,' can provide the necessary strengthening and protection for individual buildings, or if they risk being excluded from urban renewal.

Despite falling transaction volumes and record-high housing supply, apartment prices are not showing a sharp decline. Experts attribute this to hidden discounts, developer financing constraints, and resilient baseline demand.