Israeli Real Estate Market Recovery: Rising Sales in Q3 2024

| 28 novembre 2024 1,775

Israeli Real Estate Market Recovery: Rising Sales in Q3 2024

The Israeli real estate market shows encouraging signs of recovery, with a 31.3% increase in housing sales in the third quarter of 2024, according to data from the Central Bureau of Statistics (CBS). This growth is particularly notable after a year marked by economic slowdowns.

Rising Sales but Still Below Average Levels

24,350 housing units sold

New and Second-hand Housing: A Diversified Market

10,760 involved new constructions

13,590 involved second-hand housing

"Resident Price"

Geographic Analysis: Where Are Transactions Concentrated?

central district

southern district

Increasing Supply

70,000 new housing units were available

Opportunities Despite Challenges

interesting opportunities for buyers and investors

Conclusion

Rémy Allouche

CEO, Immobilier.co.il — Immobilier.co.il

Immobilier.co.il is the leading real estate portal in Israel for French and English-speaking audiences. Founded in 2004, the site has been connecting international buyers with Israeli real estate agencies and developers for over 20 years.
The platform stands out with its unique multilingual coverage, offering seven language versions and automatic distribution of listings to over 70 international real estate portals. This network allows real estate professionals in Israel to reach a global clientele effortlessly.
With a significant subscriber base and substantial monthly traffic, Immobilier.co.il has established itself as an essential gateway for anyone looking to buy, sell or invest in Israeli real estate from abroad.

+972 (0)54-922-3617 Site web