Real Estate News - Page 5

The Bank of Israel is expected to raise its interest rate by an additional 0.25% today, as part of the strongest monetary tightening in the past 20 years.   Israel is in the midst of one of the most aggressive interest rate

People are changing their consumption habits to cope with the additional 1,000 shekels added to their payment.   Even after a dramatic year in which mortgage interest rates nearly quadrupled and transaction volume significantly decreased, mortgage banks do not believe that we

The Israeli Land Authority recently announced an upward revision of a unique clause in “target price” tenders, which will increase the prices of apartments participating in discounted apartment auctions in central cities. This upward revision of the linkage coefficient, which is used

The number of real estate transactions dropped by 40% in 2022, causing a decrease in the number of people taking their brokerage exams and an increase in brokers leaving the profession due to lack of work.   The Israeli real estate market

Spreading payments over the coming years, reducing interest rates for buyers, and promising to bear the cost of inflating mortgages, real estate companies’ deals are multiplying and becoming more creative. But they too cannot hide: the prices of new apartments on the

This is an alternative that has been promoted until today as a “building renewal” by the Urban Renewal Authority, and will now be promoted simultaneously with the promotion of the Shaked alternative, in at least 18 municipalities. The program has the potential

An interest rate increase of 0.5% will increase the monthly repayment of mortgage holders by an additional 100 shekels, completing an increase of approximately one thousand shekels within a year. of insolvency   The Monetary Committee of the Bank of Israel decided