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.
August 10, 2025 - 04:36
Celebrating the Future of Real Estate: Young Leaders Honored in BostonBOSTON—More than 25 young aspiring real estate professionals were honored on Wednesday, August 6, during the 2025 Real Estate Entrepreneurship Youth Program graduation ceremony held at the...
August 9, 2025 - 03:16
Highlights from the Week: Celebrating the Superdome and Local DevelopmentsAs the Caesars Superdome marked its 50th anniversary, the New Orleans Saints officially sold out season tickets for the 20th consecutive year—continuing one of the most impressive streaks in the...
August 8, 2025 - 18:17
Procopio Expands Real Estate Team with New Partner from VenableProcopio Cory Hargreaves & Savitch LLP is bolstering its real estate practice by welcoming a seasoned land use expert from Venable LLP as a partner in its Orange County office located in Irvine,...
August 8, 2025 - 01:45
Insights on Home Prices and Real Estate Rates from August 7On August 7, a significant discussion took place regarding the current state of home prices and improvements in real estate rates. Industry experts highlighted the ongoing trends affecting the...