Head of Poalim Equity Predicts Housing Market Correction and Buyer Return

Liat Hazut, CEO of Poalim Equity, stated that the current situation in the housing market is a "correction" and expressed optimism that people will soon resume purchasing apartments. Her comments suggest a belief that the market is undergoing a temporary adjustment rather than a prolonged downturn.

The Israeli bond market concluded the Hebrew year with a record NIS 170 billion in fundraising. In parallel, Israelis purchased more cryptocurrency than they sold, with 250,000 transactions totaling NIS 2.5 billion over the year. Insurance agents saw a significant increase in commissions, reaching NIS 13.2 billion.

Other financial news includes the Polish stock market potentially attracting investors, a guide for Israeli investors on the S&P 500 index, and an explanation of how a bank index ETF operates and what to consider before investing. The dollar-shekel exchange rate hit six 30-year highs during the past year. A fund that invested in Google and Nvidia, with $10 billion in assets, is preparing for its next major investment.

Separately, the article touches on a "war movie" scenario in Savyon, an affluent Israeli town, and mentions a situation where a kibbutz's value soared to NIS 9 billion, enriching its members, before a collapse occurred. It also references a conflict between two powerful families and a contractor's willingness to significantly lower prices. Finally, it questions the substantial monthly fees paid by residents of high-rise buildings.