Israel's Housing Market Cools With Falling Sales and Rising Unsold Inventory
Summarized from i24NEWS English by baba
Israel's housing market saw a slowdown in the third quarter of 2026, with sales dropping 5.7% from the previous quarter and unsold new homes reaching 85,080. Developers are offering incentives to attract buyers amid weak investor activity, while foreign purchases saw a seasonal rise. The market faces weaker sales and a substantial backlog of unsold properties.
The story in 5 lines · by baba
- Israel's housing market slowed in Q3 2026 with 21,750 homes sold, down 5.7% from Q2.
- Unsold new homes reached 85,080 by September, representing nearly 26 months of sales.
- Jerusalem and Tel Aviv have the largest inventories, each with over 10,000 unsold apartments.
- Investor purchases fell 29% year-over-year in September, impacting potential rental supply.
- Foreign buyer activity increased 33% seasonally, but did not offset the overall market decline.
i24NEWS English publishes in English. The key points are summarized above. Read i24NEWS English’s full report from the link at the top of the page.
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