Mortgage taking in Israel back on the rise

• Published date: 13 September 2023

Even so, mortgages taken in the first eight months of 2023 amounted to the lowest figure for the period since 2019. Mortgages totaling NIS 50 billion were taken in the first eight months of 2023, down 44% from the corresponding period of 2022 and down 32% from 2021

Mortgage bankers and real estate brokers have recently testified that they have seen an improvement in demand for apartments, but so far this has not been reflected in numbers. The volumes of apartment bought between January and July 2023 was very similar to...