There was a comparatively excessive quantity of mortgage taking in April when the general public took NIS 5.91 billion value of loans despite the fact that the eight day Passover vacation cut back the variety of enterprise days final month. The degree of mortgage taking was 5% down from NIS 6.2 billion in March, the Bank of Israel studies.

All surveys revealed lately by the Central Bureau of Statistics and the chief economist of the Ministry of Finance in addition to the mortgage figures point out a major restoration within the housing market. Although the market has not returned to the extent of exercise in 2021-2022, mortgage taking in April was nonetheless 28% increased than in April 2023.

Published by Globes, Israel enterprise information – en.globes.co.il – on May 12, 2024.

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