Tel Aviv is currently the scene of an intense conflict between the municipality and property owners. The discord primarily revolves around the preservation of architectural heritage and new modern constructions. The Tel Aviv municipality aims to preserve the historic character of certain neighborhoods by imposing strict restrictions on renovations and new constructions. These measures are intended to protect iconic buildings

Rising Sales Amid Challenges The Israeli real estate market is showing signs of recovery despite ongoing geopolitical and economic challenges. In May 2024, there has been a significant increase in real estate transactions, particularly in major cities like Jerusalem and Haifa. This rise is attributed to increased demand in the face of limited new construction supply, exacerbated by delays in