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REAL ESTATE ISRAEL
Monthly Update,
May 2024
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Real Estate Israel
Despite concerns, buyers return to Israel housing market, fearing further price rises
By
Shoshanna Solomon
High prices and interest rates coupled with the threat of regional conflict cooled demand, but with an impending shortage due to stalled construction, many can’t afford to wait
Real Estate Israel
Housing snapshot: Home sales and rentals across Israel in May 2024
By
Shoshanna Solomon
The Times of Israel’s regular feature on what is happening in the local property market right now
Promoted Content
How to navigate the Israeli real estate market in 2024
For many people abroad, buying real estate in Israel is challenging. Prosperity Real Estate’s mission is to simplify this process for those looking to invest or build their home in the Holy Land
Reporter's notebook
Original location in evacuated Kibbutz Erez still closed
Back from IDF reserves, TV chef reopens beloved Sderot cafe, giving terror just desserts
By
Maya Zanger-Nadis
Or Shocron brings a little sweetness back to the war-torn southern city after serving her country for seven months following the Oct. 7 massacre
Interview
Sharon Wrobel
Israel’s economic response fails to address war needs, says former central bank head
Despite ‘basic resilience,’ the state has to take ‘tough’ steps, such as tax hikes, to start on a path of strong recovery, says Karnit Flug
Bill to keep homeowners on ex-church land out of leaseholder limbo wins broad support
By
Sue Surkes
Jerusalemites unsure over future rights due to sale of plots say developer trying to push some apartment owners to buy out leases before Knesset cuffs ability to hike prices
Analysis
Sharon Wrobel
Turkey’s trade ban: Importers seek indirect routes to bring goods to Israel
New shipping routes to circumvent the Turkey boycott, use of new suppliers, will raise prices, including housing, pushing up the already high cost of living
Investor group led by Milgam wins tender for privatization of Israel Post
By
Sharon Wrobel
The government sells Israel’s postal services firm to an investor consortium for NIS 461 million; communications minister says privatization will lead to faster and better services
Israel Travels
The tragic pre-1948 history of Jerusalem’s now-posh Mekor Haim neighborhood
By
Aviva and Shmuel Bar-Am
The Jewish enclave south of the capital was subject to brutal Arab attacks, and holds a memorial for 12 men killed fighting for it in the War of Independence
Israel Travels
See Jerusalem’s beautiful art parks, where (almost) no graven images can be found
By
Aviva and Shmuel Bar-Am
The Holy City has long had a de facto ban on statues in the human form, as per the second of the Ten Commandments, but that doesn’t mean sculptures are completely off the menu
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