Kiryat Gat Surpasses Tel Aviv and Jerusalem in New Home Sales

Kiryat Gat has emerged as Israel's leading city for new apartment sales, outperforming major centers like Tel Aviv and Jerusalem in the period of June to August 2026. According to new data from the Central Bureau of Statistics, 1,044 new apartments were sold in Kiryat Gat during these months, significantly more than the 878 sold in Tel Aviv, 445 in Haifa, 424 in Petah Tikva, and 400 in Jerusalem. This achievement is particularly notable for a city that was not previously considered a primary construction hub but is now undergoing substantial development in southern Israel.

The high sales volume is attributed partly to the marketing of discounted apartments under the "Apartment at a Discount" program. This surge aligns with Kiryat Gat's broader development plans, which include tens of thousands of new housing units and expanded infrastructure for transportation, commerce, and employment.

Among the key developers in the city is the Reissdor Group, owned by developer Yaki Reissner. In partnership with Shabiro, Reissdor is advancing the large "Mishkenot Shir" residential project in the "Ma'arava" neighborhood in western Kiryat Gat. This project alone is planned to include approximately 2,500 housing units, offering a variety of homes from three-room apartments to luxury garden and rooftop units, designed to meet the needs of the Haredi community.

The "Ma'arava" neighborhood is part of a larger development initiative for Kiryat Gat, aiming to create around 7,500 housing units for the Haredi public, alongside numerous Torah and educational institutions, synagogues, ritual baths, commercial areas, and community services. Reissdor's involvement in Kiryat Gat marks a significant expansion for the company, which has historically focused on developing properties for the Haredi sector and is currently undertaking major projects nationwide in residential, commercial, and employment sectors.