Economy

Mortgage refinancing is the process of replacing an existing loan with a new one under better terms. Given the recent decline in interest rates, experts advise borrowers to review their current mortgage agreements.

Real estate stocks have been falling since the beginning of the year and suffered another painful decline in July, except for one stock that rose by a double-digit percentage. What happened to them and what is expected next?

Planning committees have approved a 1,700-apartment project in Ramla's industrial zone and a new student dormitory complex at the Weizmann Institute in Rehovot.

The Prashkovsky company has announced a major promotion offering up to 15% off the sale price of new apartments. The tender will open on August 9 for 72 hours, featuring prestigious projects across the country.

Rising cost of living in the United States is eroding the budgets of homeowners associations (HOA) and is leading to an increase in requests for home foreclosures. According to ATTOM, in the first quarter of 2026 these associations filed 6,376 foreclosure requests—nearly 40% more than in the corresponding period in 2024, and in 2025 they filed over 285,000 foreclosure requests, an 8.8% increase...

Isras, controlled by Shlomo Eisenberg, has increased its stake in the urban renewal developer Yaaz to 10%, with a total investment of approximately 20 million shekels, despite market challenges.

Tax Authority data reveals that during the war, the number of real estate investors in Israel grew at a much higher rate than single-apartment buyers. The most significant increase, 20%, was recorded among those holding nine or more apartments.

After raising 525 million shekels from leading insurance and provident funds, and purchasing apartments in the Sde Dov project for more than 100 million shekels, the Avisror brothers respond to the changes in the company.

The Ministry of Tourism is proposing a 400 million shekel state-guaranteed loan fund to support hotel expansion and the construction of new projects amid industry financing challenges.

60% of the winners in the 11th 'Discounted Apartment' lottery are reservists. The Ministry of Construction and Housing has begun notifying 7,922 winning households, with 4,734 reservists securing a win—a success rate of nearly 19% for that group.

Capital City Ventures has filed for bankruptcy protection for the historic St. Paul Athletic Club building in St. Paul. Facing debts of up to $50 million, owner John Rupp plans to convert the abandoned property into a residential complex.

The owner of the Yohananoff chain has signed a deal with Colmobil to build a 5,500 sqm store in the Nesher area. The total investment in the complex will amount to 100 million shekels.

The Fattal hotel chain has completed the acquisition of leasehold rights for London's The Dilly hotel. The total investment, including renovation and purchase costs, amounts to 220 million GBP (approximately 906 million NIS).

The Israeli rental market is now governed by new Ministry of Justice regulations establishing a default contract. These rules clarify responsibilities for repairs, deposit limits, and procedures for early termination.

A budget of up to 2 million shekels is no longer sufficient for a family apartment in most of Gush Dan, but it still allows for the purchase of a 3-room apartment in parts of Bat Yam and central Petah Tikva, small 2–2.5-room units in Tel Aviv and Ramat Gan, or 4-room properties in Lod and Ramla. The final choice depends on the buyer's willingness to compromise on space, building age, and location.

Out of 25,394 reservists who registered for the 'Apartment at a Discount' lottery, 4,734 received a winning notification this morning—nearly one in five participants. In total, approximately 60% of all lottery winners are reservists.

And also: how much did a 5-room apartment in Beersheba cost, how much was a 4-room apartment sold for in the center of Netanya, and for what amount was a 5-room apartment purchased in Haifa? A review of second-hand transactions.

The deal for the sale of control in G-City is at risk of collapse due to a severe crisis of trust between seller Chaim Katzman and buyers Tzahi Abu, Kidan Dahari, and Yaron Adiv.

Most buyers who purchased an apartment during the financing benefit period have not yet reached the moment of truth, where they are required to pay the balance. According to the Ministry of Finance, this is expected to impact the market significantly in the coming year.

The Ministry of Construction has concluded a decade-long era of housing lotteries with new criteria. Draft evaders are now barred from participation, while the policy shifts focus toward the periphery, increasing quotas for IDF reservists.

What percentage of the company will Eli Avisror hold, why is the IPO tempting to investors, and who bought an apartment for 17 million shekels? The Avisror family will earn huge sums after the IPO. The brothers will rake in tens of millions as dividends.

A 185 sqm duplex-penthouse in Jerusalem's "Mishkenot HaUma" project has been sold for 12.25 million shekels. This transaction marks the highest price ever recorded in the complex.

CBS data show that despite the increase in housing starts, the pace of construction in Israel is still lower than the government's targets. How many apartments are built per year and why should this figure increase in the coming year?

With the project's completion in two years, the young couple will receive a 4-room apartment with an 80 sq. m MAMAD (protected space) and a balcony. The broker estimates that the 1.58 million shekel deal reflects the current buyer-friendly market. Plus more real estate deals from the last week.

The apartment-moving season is in full swing, rent is rising, and apartment landlords need to check whether they must report to the Tax Authority on rental income and, if so, which track to choose. Globes has compiled for you all the questions, options, and relevant data.

The G City deal is on the verge of collapse as trust between Chaim Katzman and Tzahi Abu deteriorates rapidly. The parties are in conflict over management control, corporate strategy, and planned executive salary cuts.

Udi Netzer, a veteran venture investor, faces significant losses in the housing market. After buying a Tel Aviv apartment for 6.7 million shekels, he realized that canceling the deal and losing 540,000 shekels is more rational than proceeding with the purchase.

This week's real estate highlights include a new ranking of urban renewal leaders, government initiatives for mortgage subsidies, and major corporate moves. From land distribution for reservists to luxury market insights, here is the latest industry news.

The Bank of Israel has lowered the interest rate to 3.5%, with the average non-indexed mortgage rate falling to 4.74%. However, the feasibility of refinancing depends heavily on when the original agreement was signed, as prepayment penalties often offset potential gains. The Bizportal calculator helps borrowers assess their options based on basic loan data.

Real estate developer Avisror has completed its IPO at a valuation of 2 billion shekels, a 23% reduction from initial expectations. The company raised 530 million shekels in the process.

Purchasing an apartment in the center of Israel is challenging, but moving outside the Tel Aviv-Ramat Gan-Givatayim circle reveals more affordable options. Recent deals in Lod and Ramle show apartments with protected rooms (MAMAD) selling for under 1.9 million shekels.

Eli Finish has been chosen to lead the campaign for the Pershtovski company. In the advertisement, the actor promotes the company's large apartment auction, which allows investors to submit purchase offers starting from an attractive minimum price in projects across Tel Aviv, Herzliya, Haifa, and Ashdod.

The Avisror family has purchased 13 apartments in their ASHIRA project in Sde Dov. Eli Avisror invested 19 million shekels, while other family members secured favorable financing terms with the balance due upon delivery.

Summer 2026 brings new challenges for tenants, from rising prices to security concerns and urban renewal projects. Adv. Idan Ben-Yaakov explains the essential rights every tenant should know.

Danya and Gindi Holdings have signed an agreement to build 635 housing units across 8 towers in Kiryat HaSharon, along with commercial spaces and underground parking. Construction is expected to begin within the year.

After 20 years of delays and freezes, the Tel Aviv Municipality met with landowners to advance the construction of the new 'Nofei Yam Tzafon' neighborhood. A representative for the landowners stated: "These are critical weeks for the landowners."

The construction company Avisror is seeking to go public at a valuation of 2.2 billion shekels, about 15% lower than it had aimed for. To attract investors, it is offering free options, as several companies have done before it. The prospectus reveals: profitability in Sde Dov is low, but controlling shareholders are selling apartments to family members.

Avner Stepak, one of the owners of the Meitav investment house: "The loans to large developers and contractors - many of them, unfortunately, will not survive this crisis."

Lahav LR, controlled by businessman Avi Levy, has signed an agreement to acquire 8 commercial properties in Germany. The assets are fully leased to a leading retail chain, with the deal reflecting a yield of approximately 7.75%.

The leaders of Israel's urban renewal market have been revealed. Despite criticism from the State Comptroller, the sector is growing, with Aura and Azorim maintaining their positions as the largest developers in the 'pinui-binui' segment.