August 11, 2025 - 02:24
In a troubling trend for the Israeli real estate market, June has recorded the lowest sales figures in two decades. The most significant drop was observed in new housing transactions, where only 1,954 newly constructed units were sold. This figure represents a staggering 46% decrease compared to the same month last year.
The decline in new housing sales is indicative of broader challenges facing the real estate sector, including rising interest rates and economic uncertainty. Many potential buyers are hesitating to make purchases, leading to a slowdown in construction and development projects.
This downturn is raising concerns among industry experts, who warn that if the trend continues, it could lead to a housing supply crisis in the future. The government may need to intervene with policies aimed at stimulating the market and encouraging homebuying to reverse this alarming trajectory. As the situation develops, stakeholders are closely monitoring the impact on both the housing market and the economy at large.
September 25, 2025 - 08:19
San Francisco's Iconic Tower Hits the Market: A Game Changer for Luxury Real Estate?In a significant development for San Francisco`s high-end real estate landscape, a prominent trophy tower near the Embarcadero has been listed for sale. This building, which has long been a symbol...
September 24, 2025 - 19:26
Westport Investment Firm Acquires EVEN Hotel in NorwalkA Westport-based real estate investment firm has successfully purchased a four-story, 129-room EVEN Hotel located in Norwalk. The acquisition was made from a New York real estate investor, marking...
September 24, 2025 - 03:12
Centennial Secures Management Contract for Galleria Fort LauderdaleCentennial has announced that it has been awarded the management contract for Galleria Fort Lauderdale, a prominent shopping destination in the heart of Florida. This contract marks a significant...
September 23, 2025 - 10:51
Major Real Estate Merger: Compass and Anywhere Join ForcesIn a landmark move for the real estate industry, Compass has announced its merger with Anywhere Real Estate in a deal valued at $1.6 billion. This strategic alliance is set to create a formidable...