New home sales in Israel up 21% in Q1

Published date12 May 2024
AuthorArik Mirovsky
Publication titleGlobes (Rishon LeZion, Israel)
The city where most new homes were sold in the first quarter of 2024 was Jerusalem with 1,328 homes sold, up 30.8% from the fourth quarter of 2023. In Haifa 1,073 new homes were sold, up 55%, and in Beersheva 1,163 new homes were sold, 88.2%. In fourth place was Tel Aviv with 1,021 new homes sold, up 108%

The trend in the rise in new homes sold began in December 2023 and has been strengthening since.

According to the Central Bureau of Statistics, 23,250 new homes were sold in the...

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