Current Situation: After a temporary decline, housing prices in Israel have risen by 4.4% over the past five months. Key Factors: Supply and Demand: A persistent imbalance between high demand and limited new housing supply continues to drive prices up. Economic Conditions: High interest rates and controlled inflation push buyers to invest in real estate as a safe haven. Impact

In May 2024, the Israeli real estate market reached a milestone with the average mortgage amount surpassing one million shekels for the first time since 2022. This increase results from a complex economic and geopolitical environment, where rising housing prices and resilient buyer activity have redefined market dynamics despite high interest rates. Significant Figures Total mortgages in May reached approximately