Israel’s housing market has gone again 5 years when it comes to the variety of new properties offered however at costs which might be 40% greater, in accordance with figures printed by the Central Bureau of Statistics for the primary quarter of 2024. In the primary quarter, Ashkelon stood out with 861 new properties offered, up 151% from the fourth quarter of 2023. In Netanya 123% extra new properties have been offered, in Ashdod 117% extra and in Tel Aviv 108% extra.
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The metropolis the place most new properties have been offered within the first quarter of 2024 was Jerusalem with 1,328 properties offered, up 30.8% from the fourth quarter of 2023. In Haifa 1,073 new properties have been offered, up 55%, and in Beersheva 1,163 new properties have been offered, 88.2%. In fourth place was Tel Aviv with 1,021 new properties offered, up 108%.
The development within the rise in new properties offered started in December 2023 and has been strengthening since.
According to the Central Bureau of Statistics, 23,250 new properties have been offered within the first quarter of 2024, up 21% from the primary quarter of 2023. New properties gross sales are rising at a month-to-month price of three.7%.
Published by Globes, Israel enterprise information – en.globes.co.il – on May 12, 2024.
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