Kiryat Gat Outpaces Tel Aviv and Jerusalem in New Home Sales

Kiryat Gat has emerged as Israel's leading city for new apartment sales, surpassing major metropolises like Tel Aviv and Jerusalem in the period between June and August 2026. According to new data from the Central Bureau of Statistics, 1,044 new apartments were sold in Kiryat Gat during these months. This figure significantly exceeds sales in Tel Aviv (878 units), Haifa (445 units), Petah Tikva (424 units), and Jerusalem (400 units). This achievement is particularly notable for a city that was not previously considered a major construction hub but is now experiencing substantial development, especially in southern Israel. The high sales volume is partly attributed to the focused marketing of subsidized 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 expansions in transportation, commerce, and employment infrastructure.

Among the prominent developers contributing to this construction boom is the Raisdor Group, owned by entrepreneur Yaki Raisner. In partnership with Shabiro, Raisdor is developing the "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, designed to cater to the Haredi community with a range of apartment sizes. The "Ma'arava" neighborhood is part of a larger plan for Kiryat Gat, aiming to provide around 7,500 housing units for the Haredi public, alongside essential community facilities like synagogues, ritual baths, commercial areas, and educational institutions. Raisdor Group, known for its specialization in housing for the Haredi sector, is also undertaking other large-scale residential, commercial, and employment projects across the country, with "Mishkenot Shir" leveraging its extensive experience in this niche.