Big investors leaving Israel's real estate market
| Published date | 13 October 2024 |
| Author | Arik Mirovsky |
| Publication title | Globes (Rishon LeZion, Israel) |
The chief economist found, as did the Central Bureau of Statstics in its latest review, that in August there was a significant fall of 16% in the number of deals, compared with previous months. According to the chief economist, in August 7,514 apartments were purchased, of which 6,811 were on the free market and the balance in government subsidized programs; 60% of purchases were by young couples, 24% by buyers moving up the housing ladder, and 16% by investors
The chief economist found that Tisha B'av, which this year fell on August 13 (last...
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