Historic Weak Year as Israel’s Housing Slump Drains State Land Tenders
Israel’s housing slowdown is now hitting the Israel Land Authority’s tender pipeline, with the article describing 2025 as a historically weak year. It says investors and tech workers have largely disappeared from the market, leaving apartment sellers in trouble and reducing demand for state land sales.
The piece links the weak housing market to a broader cooling in real-estate activity and notes that one sign of the slowdown is lower appetite for new tenders. It also points to recent data showing that the public took out 9.7 billion shekels in mortgages in May, a 22% increase, even as the market remains subdued overall.
The article uses several related real-estate examples to illustrate the pressure on the sector, including a major lawsuit against Israel Zera that was mostly rejected, with the acquisition group ordered to pay 3 million shekels, and a separate victory for Tel Aviv residents who kept parking spaces in a TAMA 38 project. It also references a question hanging over where Israel’s property market will head in 2026.
Beyond housing, the page sits within a broader business roundup that touches on pensions, hedge funds, stock indices, the dollar-shekel exchange rate, and a complaint from an investor in Global Net who says he cannot get anyone to answer. But the central story is that the housing downturn is drying up the Israel Land Authority’s tenders at an unusually weak point for the market.
