Economy

After a missile strike damaged a Tel Aviv building, residents faced bureaucratic chaos. Lawyers successfully resolved the conflict between renovation compensation and the TAMA 38/2 demolition plans.

New data reveals which neighborhoods are seeing a decline in rental prices for 3-room apartments. Where can you find apartments below the average price, and how is it that apartments with a rent of 2,600 shekels are being rented out for even lower amounts?

Fisher Brothers, co-owned by American attorney Martin Edelman, a close associate of the US President, will attempt to raise $100 million in a bond issuance, despite recent failures of foreign real estate companies in Tel Aviv.

Mizrahi Tefahot Bank closed the second quarter of 2026 with a 1.7% decrease in net profit to 1.43 billion shekels. Moderating inflation and lower interest rates have curbed profit growth, while the bank's mortgage portfolio faces mounting risks.

The complex in Rishon LeZion will span approximately 1,500 square meters and will include, among other things, the Coffee Bar restaurant by Ruti Broudo, which will reopen, as well as an art museum. The Eretz Israel Museum is presenting a new exhibition by artist Neta Harari Navon. In the Port of Ashdod, a volunteer day was held at the logistics center of the 'Latet' organization. Events and...

According to second-quarter reports for 2026, Efi Capital sold 379 apartments in the first half of the year—an increase over last year. However, the company faces pressure to maintain momentum, especially as 712 of its units are tied to the 'Mechir LeMishtaken' program.

Dalia Energy's Eshkol Avshal power plant project is nearing financial closing. Financing parties have confirmed that the conditions precedent for the process have been met.

A dispute between French-Jewish businessman Richard Tawil and singer Alexander Kogan has led to a 950,000 shekel lawsuit. The case centers on a villa lease in Herzliya with a monthly rent of $45,000.

The most common mistake in rental negotiations is to start from what the tenant "feels" the apartment is worth or what the landlord "wants to get." The market works better with comparisons.

The law divides repairs between the tenant and the landlord according to two tests, and sets 30 days for a regular malfunction and three days for an urgent defect. A contractual clause that attempts to extend these periods is invalid.

Rami Levy Real Estate has received building permits for new commercial centers in Rosh HaAyin and Mishor Adumim. The total investment for these projects is estimated at 225 million shekels.

Almogim Holdings reported strong sales for the first half of 2026, selling 111 apartments. The majority of these transactions were supported by financing incentives, including contractor loans. The average apartment price stood at 2.65 million NIS.

Afcon Holdings continues to expand its footprint in the energy sector after winning a government tender to build a substation worth approximately 36 million shekels.

Israel is in urgent need of an additional airport as Ben Gurion Airport reaches its capacity. Despite 17 years of planning, the government remains undecided on the location, funding model, and operator for the facility.

In June 2026, investors purchased 1,392 apartments—a 64% jump year-on-year, though this is skewed by the low baseline during the war with Iran. Meanwhile, the investor share of the market remains stable, and net balances remain negative.

The publicly traded company Aviv Bniya has sold only 4 apartments since the beginning of the year, highlighting the ongoing challenges in the construction sector. These low figures reflect the continued slowdown in the real estate market.

The Israel Land Authority (ILA) reported that pollution tests in Sde Dov are progressing, but has yet to publish findings or mapping, leaving land distribution stuck. Rights holders warn that the lack of clear information harms real estate transactions and certainty surrounding the project. Simultaneously, apartment buyers are seeking to cancel option agreements and recover approximately 1.55...

As Globes has learned, the mall giant has purchased land zoned for residential and hotel use, and is working to rezone it for the construction of a 35,000 sqm mall. The company identified a shortage of a significant regional mall in Jerusalem that would compete with Azrieli's Malha Mall, which includes about 44,000 sqm.

The share of the prime rate track in mortgages has almost doubled within a year, while the public is moving away from CPI-linked tracks. The choice reflects an expectation for continued interest rate cuts in Israel, but the global picture has changed: long-term bond yields are climbing, markets in the USA and Europe are pricing in the possibility of rate hikes, and further cuts by the Bank of...

CBS data points to a rise in housing prices in Jerusalem. How is this happening during a general market slowdown? Experts explain: "The city has a unique real estate market that does not always follow national trends."

Yuvalim has acquired a 4-dunam plot in Herzliya through a joint ownership dissolution process. The final land valuation reached 200 million shekels.

Yad2 data shows that in Jerusalem's Beit HaKerem and Tel Aviv's Sarona, rental prices rose by double-digit percentages over the past year, significantly outpacing the 4.4% national average. Increases for three-room apartments were sharper than for four-room units, though some Tel Aviv neighborhoods saw price declines.

A new review by real estate appraiser Ohad Danus for the second quarter of 2026 reveals a recovery in housing prices, with increases in 8 out of 17 cities examined. Where are prices falling and what is driving this trend?

Galit Bik, a key partner in the massive Eshkol power station acquisition and a veteran of capital market deals at Meshek Energy, is moving to a senior executive role at Shemen Nadlan.

Kardan Real Estate experienced a sharp decline in free-market apartment sales during the second quarter. While subsidized 'Target Price' projects sustained volume, the company warns of potential profit margin compression due to rising subcontractor costs and labor shortages.

And also: how much did a 5-room garden apartment in Be'er Sheva cost, what was the price of a 2-room apartment in Florentin, and how much did a 3.5-room apartment in Bat Yam cost? Second-hand transactions.

Data from the Ministry of Finance reveals that many buyers canceling apartment deals faced financing difficulties, often having paid nothing prior to cancellation. While sales contracts typically include a 10% penalty, sellers frequently waive the full amount or accept partial compensation.

A third of apartment buyers in Be'er Sheva did not pay a single shekel before cancelling their contracts, a trend now affecting the luxury market in Tel Aviv. New Ministry of Finance data reveals that developers are taking excessive risks to secure sales.

While there is a slowdown in housing prices, mainly in Tel Aviv, rental prices continue to rise. Yad2 data reveals: these are the neighborhoods where prices are actually falling.

The apartment, in a building occupied eight years ago, was sold for 2.2 million shekels. 5-room apartments in the project were sold in 2016 for an average of 910 thousand shekels.

Housing prices in the south remain relatively low, but there are towns closer to the center where you can find apartments with a MAMAD for 1 to 1.5 million shekels. Also: where to find a 3-room apartment for around a million shekels.

An investment 3-room apartment in Kiryat Motzkin, split into two housing units, was sold for 1.15 million shekels after four months on the market. The property is part of a Pinui-Binui urban renewal project.

An analysis of apartment indices in the second quarter of 2026 shows that the middle class currently prefers not to buy an apartment, and that renters are turning to rent cheaper and lower-quality apartments. The average price for an apartment purchased during the quarter reached 2.435 million shekels - an all-time high.

Purchase tax, lawyer fees, brokerage, appraisal, renovation, and moving add 155,000–185,000 shekels above the contract price, and for an additional apartment, the tax alone reaches 200,000 shekels.

The Ministry of Finance publishes a pessimistic picture of the housing market, amidst a very positive review for contractors. Why the 90/10 promotions should be stopped and is the era over where you could win an apartment at a discount | Friday column

After declines earlier this year, new apartment prices are rising again, driven by interest rate cuts and high demand for units with a protected space (Mamad). Meanwhile, the secondary market remains under pressure, with sellers offering discounts of up to 15%. The average apartment price in Israel has crossed the 2.4 million shekel threshold.

Those who cannot afford an apartment in the center are buying on the periphery. How much does an apartment without a protected space (MAMAD) cost, and how were two apartments in Tel Aviv purchased at such surprising prices? Real estate deals of the week.

The Vatma'l (Committee for Planning and Construction of Priority Housing Complexes) has approved a massive urban renewal plan for the old center of Be'er Ya'akov; in Kiryat Yam, 180 apartments will be replaced by 826 apartments in buildings of up to 40 floors; and in Haifa Bay, planning is advancing for complexes with millions of square meters for employment and commerce and thousands of housing...

The positive news for reservists is the nightmare of those in need of housing who do not serve in the reserves. The state is distributing more land in Kibbutz HaOn, Yaakov Atrakchi explains in an interview what is about to happen in the real estate market and about the truly frightening figure of the wave of deal cancellations on the way | Real Estate News of the Week

A five-year record in new apartment sales in Tel Aviv propelled the city to the top of the transaction table in the first half of 2026, while Jerusalem led in second-hand apartment sales. Despite the local surge, CBS data indicates a real estate market that continues to stagnate and an exceptionally high supply of new apartments.