Economy

A review by the Ministry of Finance's Chief Economist indicates that apartment purchase cancellations have surged by 41%, rising from 1,294 in January to 1,821 as of August 2026.

Manif is slowing down new credit distribution amid real estate market stagnation. CEO Maor Duek announced a tightening of the underwriting model to manage risks in the current volatile economic environment.

According to Ministry of Finance data, apartment sales jumped by 50% in June compared to the same period last year, during the war with Iran. Despite the growth, the market remains mixed, with Netanya leading in financing benefits offered to buyers.

Following a recent court ruling that created uncertainty in the industry, the Ministry of Justice and the Urban Renewal Authority have published a framework that will allow real estate developers to offer tenants different compensation in Pinui-Binui and TAMA 38 projects. What do real estate experts think of the proposed framework?

Mortgage volume reached 11.5 billion shekels in July, an 8% increase year-on-year. Experts warn that these figures reflect past transactions and create a misleading sense of market health.

America Israel enters into a partnership with Av-Gad in an urban renewal project in Ramat Gan. Hachshara Urban Renewal signed a 1.2 billion shekel financing agreement for a project in Kiryat Yam. The National Planning and Building Council approved two additional complexes in Haifa Bay. The Registrar of Contractors revoked the licenses of five contractors. Weekly real estate news.

Mohamed Alabbar, the developer behind the Burj Khalifa, is planning a $20 billion investment in two mega-projects in Syria. The initiative includes a new city near Damascus and a Mediterranean Riviera in Latakia.

Stock fluctuations continued yesterday; after a 41% drop this month, the stock rose by a similar rate. Simultaneously, the company sold penthouses in Kiryat Yam for over 4 million shekels. Mariash: "People still want and need to buy apartments."

Building renewal is one of the most important ways to increase housing supply. After examining the situation in Tel Aviv, we checked which companies dominate in the other two largest cities — Haifa and Jerusalem.

An advanced training fund can reduce the mortgage and save on interest, remain invested, or serve as a basis for a loan. But before comparing interest to yield, one must understand what each option does to our debt and financial flexibility. And the most important question: is the apartment really within our budget?

The Ministry of Justice and the Urban Renewal Authority have published a framework that will allow real estate developers to offer tenants different compensation in Pinui-Binui and TAMA 38 projects. The document was written following a recent court ruling that created immense uncertainty in the industry.

The National Council for Planning and Building has approved the guidelines for environmental impact reports for complexes 3 and 4 in TAMA 75. The plan includes over 4,750 apartments, millions of square meters for employment and industry, a huge metropolitan park, and a new arena.

The price per square meter in secondary market transactions in the neighborhood stands at approximately 21,700 NIS, a 5% decrease over the past year, as a wave of 'Mehir Lemishtaken' apartments hits the market.

The Almog Group and partners of the Pera brand have signed a merger agreement to establish Tomiverse Hotels Ltd. The new company will combine financial strength and operational expertise to launch three major projects in Mitzpe Ramon, Tel Aviv, and the Dead Sea by 2027.

The American commercial real estate company owned by Allen Gross has approached bondholders with a request to defer the debt repayment date by three years. Following the request, bond prices (Series E) plummeted, reflecting "junk" yields.

Amot CEO Shimon Abudraham reports an increase in office market activity following the ceasefire, particularly in the Tel Aviv CBD, while noting that deals outside the city remain challenging. In the ToHa2 tower, contracts and advanced negotiations cover about 75% of the space. The company's NOI rose by 3%, and net profit climbed by 10% to 329 million shekels.

The National Insurance Institute will lease 800 square meters and 30 parking spaces for a ten-year term. The deal is expected to generate approximately 11 million shekels for the Levinstein Group.

Amot has lowered its 2026 forecast due to a slowdown in office leasing caused by the war with Iran. Despite this, management reports a recovery in demand since the end of hostilities and expects improved operational metrics next year.

Amot Investments has updated its annual forecast, maintaining levels comparable to 2025, and reports a recovery in the office market. CEO Shimon Abudraham highlighted rising demand, particularly in Tel Aviv's central business district.

In recent years, Portugal has attracted foreign investors and residents, including Israelis, but alongside the influx of capital, housing prices have soared, and in some areas have even tripled. A local researcher explains who is paying the price and how foreign capital is changing the cities.

Real estate investment trusts Sela Capital Real Estate and Menivim REIT have improved their financial performance, seeking to offset the office market downturn by investing in retail and logistics assets.

Following a failure to meet license conditions, the Registrar of Contractors at the Ministry of Construction and Housing has revoked the licenses of five contractors.

The Registrar of Contractors at the Ministry of Construction and Housing revoked the licenses of five contractors last week, after inspections raised suspicions that the engineering professional upon whose employment the license was granted is not actually employed by the companies.

A new study analyzes hundreds of transactions in Ahuza and Neve Sha'anan. High-demand neighborhoods in Haifa have maintained an upward trend, even as other parts of the real estate market are cooling down. Dr. Asaf Gastfreund: "The national picture hides variations between neighborhoods."

The BEYOND tower in Givatayim, rising to 320 meters and including 78 floors, has received fire department approval following large-scale exercises testing emergency response and evacuation systems.

A new purchase model: the buyer pays only one million shekels in the first stage, enters the apartment upon its completion — and pays the balance only two years after moving in. The Hagag Group is launching this unprecedented new promotion at the Infinity project on Ibn Gabirol Street in Tel Aviv.

Danya Cebus released its Q2 2026 results, showing steady revenue but a 12.8% decline in net profit due to rising construction costs and commodity prices. The board approved a 30 million shekel dividend distribution.

The company selling luxury apartments in Gush Dan has launched a new promotion: buyers can move into an apartment with an initial payment of one million shekels, with a guaranteed return of up to 52% over the first two years.

A sharp decline in the involvement of investors holding three or more apartments is changing the investment map. Tel Aviv, Haifa, and Beersheba are losing their strength, while Tiberias, Safed, and Jerusalem are becoming the main centers of activity, especially in cities with a prominent Haredi character.

The volume of sales by contractors remains low, and alongside creative promotions, a new tool has entered the picture: influencers and customer clubs. This is a natural industry development, but it is important to know how to filter the noise. Weekly column.

The Government Authority for Urban Renewal has announced a new call for proposals to subsidize 'pinui-binui' projects in Ashkelon. The state is investing significant funds to ensure the implementation of projects that are not otherwise economically viable.

About a year and a half after the abolition of building exemptions, the Ramat Gan municipality has introduced an "Exemption Anchoring Plan." This move is resulting in betterment levies of hundreds of thousands of shekels for owners of old apartments during property sales.

Hundreds of new apartments have hit the market following the end of the sale restriction for winners of the 'Mechir Lemishtaken' program in Glil Yam. Supply has jumped more than 3-fold and prices for 4-room apartments have dropped, while the rental market has seen a sharp rise. A veteran broker in the neighborhood sets the record straight.

A historic house in Maine is on the market for one dollar, but the buyer faces the significant challenge of relocating the structure within the next few years.

The evacuation of the bank's offices in the Moshe Aviv Tower resulted in a loss of about 3 million shekels, but new leases and the deal in Kfar Saba boosted half-year revenues to 206 million shekels.

The benefit for reservists is justified, but the numbers do not lie: more than 100,000 people in need of housing are left with minimal chances, and the state has no alternative plan. Is this the end of the program for those who do not serve?

Globes has learned that a number of companies have formulated a joint appeal to the government, aiming to change procedures and reduce payments for office land. The goal: to incentivize construction, due to the crisis in the high-tech sector and high interest rates.

The cumulative cost of repairing construction defects in new apartments reaches 2.2 billion shekels per year, according to an analysis by the company Lead Handasa. According to the findings, 97% of apartments had flooring defects, and 94% had plumbing defects.

News for reservists: about 20,000 opportunities to purchase an apartment or land under preferential conditions in the next two years. The Prime Minister, the Minister of Construction and Housing, and the Minister of Finance jointly announced benefits for reservists, including increasing the priority in 'Apartment at a Discount' lotteries to 75% and expanding benefits for land plots.

Industrial land prices in National Priority Area A have jumped 5.7-fold in nine years. Due to an outdated discount ceiling, the incentives for establishing factories in the periphery have been effectively neutralized.