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Housing sales in Israel remain sluggish

Housing sales in Israel saw a slight increase in the third quarter of 2024, with 24,350 homes sold, up 31.3% from the same period last year. However, sales are still below average, with only 9,200 homes sold in an average month. In terms of geographical division, the Central District had the highest number of housing deals, followed by the Southern District and Tel Aviv District. Jerusalem had the most housing deals in the third quarter, followed by Tel Aviv and Haifa. There were 70,000 unsold homes at the end of the quarter, with Tel Aviv and Jerusalem having the highest percentages.

Original article source: https://en.globes.co.il/en/article-housing-sales-in-israel-remain-sluggish-1001494068
Source Id: 8411440242

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